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Strategies & Market Trends : The Millennium Crash

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To: HairBall who wrote (2816)6/17/1998 9:36:00 PM
From: bobby beara  Read Replies (1) of 5676
 
LG, another study of descending (or ascending) triangles

equis.com

type .CRB click ALL and notice the peak of the descending triangle on the CRB was 235 and the base was around 222.

222 - 13 = 209

That's where we had a dramatic reversal today. Time to go long gold, wheat, corn and soybeans -g-

Now go monthly and notice the H&S pattern dating back to 94 with the base at 222. We retrace back to 222 and go inflationary or we bounce back down and Katy bar the doors.
bb
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