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Strategies & Market Trends : Waiting for the big Kahuna

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To: P.Prazeres who wrote (42297)7/23/1999 8:02:00 AM
From: William H Huebl  Read Replies (1) of 94695
 
Paulo,

Thanks for the information... it bolsters my contention we will move up before falling further.

What you say is quite possible for 6 - 12 months out:

mynvo.com

This chart shows a 25% move in 6 months as a very real possibility... based on the time it took to get from 10,000 to 12,500. Yes, I know this chart is a combo of NAZ and NYSE... tends to smooth the zigs and zags of each...

My only uncommon sense tells me though that if we are to reach the KAGI bottom line on the home page of that link, we will never make that kind of move. For one thing, the pattern is a broadening formation which is a topping signal. Need I say more?

Bill

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