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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (481)	3/16/2000 12:40:00 PM
From: Defrocked	Read Replies (1) \| Respond to of 33421

Resistance??? WTF is that????

To: John Pitera who wrote (481)	3/16/2000 12:41:00 PM
From: GROUND ZERO™	Respond to of 33421

John, There's resistance in several places, buy it may all be violated... I think the first real resistance appears to be around 10750-10800 DOW, then some serious resistance around 11,400 and also at 11700... that does look like an expanding coil formation and I've been watching that develop all these several months... this may be count five of that coil.. if so, then we could blow right through the old highs and make a higher topping formation out of this..... GZ