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When I first created that chart a month or so ago, I figured there was no
way in hell it would look like a gold chart or the Nikkei. If this Sept/Oct
turns out to be as others, then this is just one of two legs with the other
occurring in October. I just don't see it as a one way street down from
here and there should be a sizeable rally of denial before the next leg is
planted on the charts.
----- Original Message -----
From: <chrischeatham@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, September 18, 2001 7:51 PM
Subject: Re: [RT] SPX 890s targets
> Nice chart Bob. FWIW, my intermediate #s for the Dow are mid 7s,
> followed by mid 4s...thousands, not div yields.
>
> Chris
>
>
> --- In realtraders@xxxx, "BobR" <bobrabcd@xxxx> wrote:
> > INDU target zones based on dividends.
> >
> > bobr
> > ----- Original Message -----
> > From: Chris Cheatham
> > To: RealTraders
> > Sent: Tuesday, September 18, 2001 7:41 PM
> > Subject: [RT] SPX 890s targets
> >
> >
> > Ben,
> >
> > FYI, here's my SPX monthly --- three different pfork/tline
> techniques converge in the 890s -- this month or next. Given other
> charts I see, looks right now like a bathroom stop on a cross-country
> drive.
> >
> > Keeping my head down,
> > Chris
> >
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