today's chart Message Board

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Strategies & Market Trends : today's chart

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To: Claud B who wrote (772)	11/12/1997 7:50:00 PM
From: Claud B	Read Replies (5) of 1267

Well...the picture gets mighty interesting. Check out "New Dow Roadmap." pw1.netcom.com It's an amazing shadow of 1989. If you're all giving up on this market...you might want to wait awhile. If this pattern continues, things will get better in a matter of days. Of course, "if" is the operative word. IMHO, today's action was more a reaction to non-movement by the FED. I think the market truly wanted to see a Fed rise in rates. It's warranted. But AG was probably afraid of world market reaction at this volatile time. Time will tell. This will probably be my last update of this chart for a while because I'll be away on vacation. So for the followers, keep tracking. Claud

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