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Daniel:
The target calcualtions are proprietary but the attached chart shows
its location market by the red arrow. The channel is also shown as
it has been shown previously here. The resistance at the channel
top is clear as is the break out. The target area seems to be a source
of resistance as it should. If it is penetrated and hits the Entry
Price for another leg up it should act as support.
Daniel Watkins wrote:
ira:
thanks for that update. could you please indicate what that indu price
target was, and how close we came to it, and how it was determined
?
we are 55 cds off of the 3/22/01 low, as of the close today. 5/16/01
has some other interesting time interval links, so a price target
completion of import would be especially interesting.
dw
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