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Strategies & Market Trends : Tech Stock Options

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To: Trey McAtee who wrote (54146)9/28/1998 4:59:00 PM
From: HairBall  Read Replies (1) of 58727
 
Trey: As I recall Donald, posted his notice of the Flag formation on the Dow Ind., "morphing" as I call it, into a rising wedge over the weekend.

I replied with an agreement. I also noticed this morph from flag to a rising wedge formation in a few other indices, not just on the Dow Ind. Both he and I projected the upper trend lines forward, one day in my case and one/two days in his. I believe consensus projections were 8200/8250 on the Dow Ind.

For specific plot points see donald's and my post over the weekend.

BWDIK
Regards,
LG
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