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Strategies & Market Trends : The Millennium Crash

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To: bobby beara who wrote (3702)10/23/1998 6:14:00 PM
From: Thomas C (Hijacked)  Read Replies (1) of 5676
 
but actually bb, what makes me wonder even more is that this double bottom 'W' shape that we have just completed now seems to be a common thing in overvalued markets, just look at 1987 and Hang seng index tops, both had double bottoms and then a nice swift rally which then stopped at overhead resistance like a guy bumping his head on an overhead branch when climbing a tree...

Maybe there is some other wacky lunar relationship that is yet to be discovered about this market....LOL

tc
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