armstrong and the xjo, page-136

Tulip-O-Mania
On a Global Scale
published May 21


Like all rally targets before it, our DJIA objective at 13587 gave way on Friday, inundated by a flood tide of buying that lifted the Indoos to yet one more all-time high. Paradoxically, and despite the market’s strength, the short I’d advised from 13587 would have been an easy winner, if only for little while, since our target came within a single tick of anticipating an intraday high that endured for more than five hours and which gave way to a correction of nearly 40 points.

http://www.rickackerman.com/