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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (12301)12/26/1997 2:35:00 PM
From: GROUND ZERO™  Read Replies (4) of 94695
 
Bill,

For what it's worth, the NAZ is forming a bullish reversal pennant pattern as part of the coil selloff.

The coil selloff completed its measured move. Todays reversal and the new formation should be regarded as its warning that prices may, in fact, turn higher once again. I believe the DOW had an inside day. This also seems positive.

techstocks.com

Don't eat too much this weekend.

GZ
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