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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (16405)4/15/1998 12:36:00 PM
From: Trader X  Read Replies (1) of 94695
 
The Whale Strikes Back!

I don't count waves, but I do study charts, and the charts I look at are telling me something completely different.

Hello Dow 10,000

We should reach Dow 10K within the next 3 months. That would take us up the upper range of the Dow's trend channel going back 4 years, and also to the top of another trend channel tracing back 2 years. The broad markets confirm this, and the utilities confirm, no divergences have arisen as yet.

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