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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (47198)4/29/2000 10:47:00 AM
From: GROUND ZERO™  Read Replies (2) of 94695
 
Right, I understand... I think the perspective I presented is an intermediate term prospective, over the next several months... I think the DOW has seen the highs for a while along with the SP's... for the DOW, I think we could test, and maybe even break, the 8000 level.....

tscn.com

If you look at the DOW chart, you'll find an expanding topping formation beginning with last May... this is a diamond top or a head and shoulders formation with a slightly descending neckline and we may have just completed the second shoulder... if so, then we could see a move to around 8000 or so before this whole thing is completed...

The above is subject to change without a moment's notice... just in case..... you never know.....<g>

GZ
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