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Strategies & Market Trends : Galapagos Islands
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To: sun-tzu who wrote (38459)5/1/2003 6:24:45 AM
From: Oral Roberts  Read Replies (1) of 57110
 
the market keeps going up.

It sure feels that way but IMO we have done nothing since 3/21 except create a large rising wedge that we are now at the apex of and I believe it's breakdown time. We have moved our indicators to overbought territory without any increase in price so IMO down will be the break.

High on 3/21 8522
High on 4/5 8520
High on 4/30 8528
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