The bear eats a bull or two…

Posted on Oct 04, 2011 by in Letters

Shortly  we identified the head-and-shoulders formation we computed the possible targets for downside waves.  These may have seemed fanciful at the time.  But the achievement of target measurements occurred with breathtaking celerity.  In our charts of late there was another target lurking -- like a crocodile beneath the water.  That was the 4th target of the rule of seven measurement we made -- 903.x on the spx.

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