|
PTR'S OPINION OF KEY SUPPORT AND RESISTANCE FOR SOME KEY STOCK
MARKET INDEXES AND/OR KEY INDIVIDUAL STOCKS THAT "MAY" IMPACT THE OVERALL
U.S. STOCK MARKET
For the PriceTime-Review Pattern comparison between the Japanese Nikkei index, U.S. Bond rates, an the Nasdaq Composite index as of 9/26/04. While we have been expecting "one more thrust up" to end the Bear rally, these comparisons are saying it's already over IF they have any validity to them. Oh, by the way, I have found this same pattern many times in the past with only slightly different price and time ratios. Needless to say, we will be keeping a closer eye on these in the future. Andrew Quiggly Editor |
