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Strategies & Market Trends : Waiting for the big Kahuna
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To: Darrin Vernier who wrote (31057)10/9/1998 11:57:00 PM
From: Thomas C (Hijacked)  Read Replies (1) of 94695
 
Darrin you took the words right out of my mouth...isnt that downtrend line AMAZING???

But I dont know how you get 5937??? I drew an uptrend line and I come at about 5000. In 1929 one could have also drawn an uptrendline which found the bottom. However in 1929 there was a "throw-under" which smashed below the uptrendline for a few days...This leads me to believe that we will hit 5000 and go under by about maybe 500 points for a few days which will be our "throw-under"

Tom
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