SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Charts & Scans

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Trader X who wrote (92)3/5/2001 2:08:32 PM
From: Chip McVickar   of 5125
 
DJIA is in and has formed a diamond top...extends 2 years...!
Look at the monthly chart.

It's a rare pattern.

Which way it will break is da Big Question...?

We may well be in a recession....?
The markets may also break up, but I'm concerned the move will be weak and false move higher, setting up a nasty powerful fall.

Chip
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext