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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (11567)12/15/1997 2:38:00 PM
From: bobby beara  Read Replies (1) of 94695
 
HI GZ, check out this pattern on bearx quote.yahoo.com

Would this be a pennant formation with a break to the upside, raising the bear flag -gggg-

If SPX get's to 968 we will have a nice right shoulder in place, might even happen today or maybe in the morning. Weakness in tech bellweathers showing the way, IMHO - nevermind this short covering rally.

WDYT?
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