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Strategies & Market Trends : Waiting for the big Kahuna

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To: Robert Graham who wrote (20141)6/12/1998 10:10:00 AM
From: HairBall  Read Replies (1) of 94695
 
IMOH: Do not under estimate the possibility that the market as measure by the DOW could continue to trade in a sideways channel with a downward bias, allowing the 200SMA time to come up and play tag.

The market as measure by the DOW could already be trading at are near its lows...before resuming its long term upward trend!

Regards,
LG

Edit: There could be a dip down, as in the previous consolidation!
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