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Strategies & Market Trends : The Millennium Crash

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To: bobby beara who wrote (2774)6/14/1998 9:00:00 PM
From: set  Read Replies (1) of 5676
 
> Comments?

try this. draw a channel with the upper line going
from 8/8/97 through 2/27/98, and the lower
line starting 2/7/97 through the top on 7/11/97.

H&S I'm not so sure of, as I don't really understand
the left shoulder. nevertheless there are a lot
of lines that make sense on INTC. one is a trend
line from 7/19/96 through 7/4/97. I think the
results, as seen on 7/27/98, are clear.

I'm sure you've already seen the triangle, with
bottom line of which goes from 12/19/97 through
4/10/98. there's your right shoulder, arguing
for a rise to 75 and then kaboom.

but remember, my attempt to chart AXP was
spectacularly wrong. thus wthdik.
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