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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (3228)3/16/2001 1:14:47 PM
From: dawgfan2000  Read Replies (1) | Respond to of 52237
 
Any one familiar/heard this statement before? Not sure who to attribute it to:

In the last 18 plus years of this "Super" bull market, The Dow Jones has never fallen below the intraday low of the prior year, including the 1987 crash..

In 2000 the low for the year was 9571 intraday on October 18. If the Dow falls even one tick below the intraday low for last year, the Yearly Chart will turn down for the first time in the last 18 years, and the Greatest Bull of them all will be over.

Message 15501623



To: Chris who wrote (3228)3/16/2001 1:18:38 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
I am getting a clean line off the late 94 lows on the COMPX and touching on the 96, 97 and 98 lows. The fact that that's in linear makes for a pretty boring future if it holds. <ggg>