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Strategies & Market Trends : Waiting for the big Kahuna
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To: Moominoid who wrote (32032)10/20/1998 9:11:00 AM
From: bobby beara  Read Replies (2) of 94695
 
Bearish again, too much bullishness from monikers like Ground Zero, bearshark, bobby beara and Captain Kahuna.

If you do a time study comparison of last falls correction, the three tops aug/oct/dec were exactly 2 months apart.

If you do the same time study here the tops would be 3 months apart.

4/22 - 7/20 - 10/20

There is also a fibonacci 89 relationship here.

This is just too coincidental with an extreme overbought reading on the McOscillator and sitting on the spx neckline.

iqc.com

Inverted h&s - make or break time.

bb
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