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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (34676)2/4/1998 9:00:00 PM
From: Broken_Clock  Read Replies (1) of 58727
 
Donald,
Do you follow Elliot Wave at all?
Here's the Dow Indu chart:
iqc.com

I se several reasons for down draft thru friday and into next week.Wave 4 beginning today.Triple top.Hanging man(close enough).RSI etc. showing lower highs.

Also, I checked out the wedge that has been forming on the weekly DOW. I used a 120 weekly chart.It comes to a point in late march or April.What then?Yikes!

dave
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