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Strategies & Market Trends : Roger's 1998 Short Picks

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To: James Strauss who wrote (12983)8/19/1998 5:57:00 PM
From: BelowTheCrowd  Read Replies (1) of 18691
 
James,

And if you look at the 1 year chart for the DJIA, NAZ, SP500, or just about any other index, you'll see a right shoulder forming, which (if we continue down from here) would complete a fairly nice head and shoulders.

Downside could easy be 2000 off the DOW. The pattern was similar in 1987 and some other famous bear markets.

You might want to check out ndr.com

mg
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