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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (21494)9/20/1998 11:45:00 AM
From: Doug R  Read Replies (1) of 79214
 
David,

Hmmmmm, let's see. A major price trend intersection in the 2nd week of Oct. should most likely get things going strongly to the upside since price (inexplicably) almost always goes up as a magnet trend intersection approaches and price trend intersections almost always see large moves.

With the price trend intersection occuring at 7831good for a couple hundred and a week of upside after that for a few hundred more, I would conservatively expect to see the DJIA nicely over 8100 by mid-October.
Does that (voodoo >>gg<<) sound about right to you?

Doug R
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