>>But BB's man Mobius says tech is a buy<<<
dennis, i've heard several bearish type analysts calling a bottom in the techs here, don't like it, contrary indicator.
the pattern in the dow is structurally a powder keg, it's a blasting megaphone tightend up into an indecision triangle.
It's a whole year long. think about it, in 1994 we had a similar pattern, not a diamond, but a whole year consolidation, and bammo look at the move out of it.
if this is a topping pattern, it will be bammo down, i believe it is.
the sentiment picture between the period in 1994 and the period between may 1999 and may 2000 is completely inverted.
and by the way, only a friend would tell you this, but the real reason you were excommunicated from the mdd thread, was because you had a bugger hangin out jour nose, the hole time you was postin there -ggg- |
