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Strategies & Market Trends : Ask DrBob
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To: longdong_63 who wrote (1466)8/24/2000 12:28:00 PM
From: ronz28  Read Replies (1) of 100058
 
LD- Depends on your time frame
He starts his downward regression channel at the 5132 top-3/2000. Yes we are in an uptrend now but he is saying it will stop very soon. It makes sense to me because on the rising wedge we are in (7/31 high of 3868, 8/3 low 3521 and apex of about 4070). I think we fall before the apex maybe starting about now. Dunno, its an election year.
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