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Strategies & Market Trends : Waiting for the big Kahuna

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To: blitzfund who wrote (54426)8/28/2001 9:57:04 PM
From: GROUND ZERO™  Read Replies (3) of 94695
 
Hi Blitz,

Not at all, I like this sideways to lower action, I see these markets building a nice base for a major rally to come... watch the September SP's fill the 1110 gap, about 52 points lower, before we touch the secondary lows and complete a rounding bottom..... as I see it, it's coming together rather nicely.....

For the DOW, the past two months of sideways action is classic.....

charts3.barchart.com

And for the NAZ, the Internet is not going away, the giants will emerge from those ashes as high tech eventually comes back into vogue..... I like buying when no one thinks it's worth it.....

GZ
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