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Strategies & Market Trends : Waiting for the big Kahuna

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To: HairBall who wrote (23942)8/11/1998 1:54:00 PM
From: Terry Whitman  Read Replies (1) of 94695
 
We are in real trouble now. The final domino is teetering- Dow Jones Industrials looking to close well below 200 day MA.
A DJI chart of this bull run over last 4 yrs. shows several instances where DJI dipped below 200 dMA- double bottom corrections, with the second bottom higher than the first. Intraday, the bottom of 8/5 was violated today- A LOWER BOTTOM.

This time IS different. Buy the dip if you dare....

T(Trouble)W
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