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Strategies & Market Trends : Bear!
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To: Worswick who wrote (66)5/7/1998 1:01:00 PM
From: Les H  Read Replies (1) of 271
 
An alternative scenario can be found in decisionpoint.com
Under the Chart Spotlite page, the market forecast chart has 9700 target then a drop to as low as 7300. Both the recent top at 9250 area and 9700 would be as a result of Dow hitting resistance in the current trend channel.

He utilizes a 4-year cycle and a 9-month cycle between lows to hypothesize major lows for the market in October.
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