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Strategies & Market Trends : The Stock Market Bubble

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To: Box-By-The-Riviera™ who wrote (2470)12/29/1998 7:05:00 PM
From: Moominoid  Read Replies (1) of 3339
 
do you see a double top on the dow.....perhaps even a triple if you include last july

No. These don't match classic (Edwards and Magee) definitions of double or triple tops. With hindsight it looks like a flag from late Nov to mid Dec (this is more apparrent on SPX) and now a new rally.

Have a look at my prognosis:

cres.anu.edu.au

There I propose that this is all part of a massive broadening formation from April 98. Just a guess...

David
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