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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (2022)1/26/2001 2:21:40 PM
From: John Pitera  Read Replies (2) | Respond to of 15481
 
I'm looking at a lot of daily chart patterns that are leading me to believe we might be going back to test 2300,as
some are suggesting.

Not sure what the "reason" might be and maybe the patterns that I'm seeing will be voided, next week.

I guess if we want to dream up gloomy reasons for a retest, they might be something like

--China devaluing their currency

---Significant CA or Tokyo earthquake

--some banking blow up

--Giant winged monkeys.... well no probably not that -g-

I'm just raising this as a possibility since so many of these tech charts look like they could have another
leg down. and maybe we still need another week of rallying to set up the sell.

sorry to throw in a note of mild caution........