Why the markets will continue higher... Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Why the markets will continue higher...

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Chris who wrote (40)	12/4/1997 5:53:00 PM
From: GROUND ZERO™	Read Replies (1) of 745

Chris, Interesting chart. I say we topped in the DOW and should test no lower than 7500 intraday, in the worst case scenario. The NAZ could test the minicrash lows of 1500. BTW, the bearish coil pattern in the NAZ projects a measured move to around 1500, the minicrash lows. The DOW is stronger and will only test 7500. Today, the DOW put in an outside day, not good news when it occurred right at my resistance point. But, the market needs to work off its overbought condition and inject fear into the hearts of men (and women) before new highs can be made. The next few weeks should be very interesting. GZ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next