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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (49570)4/10/2002 12:28:55 PM
From: westpacific  Read Replies (1) | Respond to of 99280
 
Double top DOW channel failure, next target 10,000ish.



To: Les H who wrote (49570)4/10/2002 12:38:19 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Les, Nasdaq Financial appears to be making a run at a double top. There is a rising SRL that should cap any rise at that point. You can draw it connecting the highs in the fall. Still, impressive in light of this weak market. Flight to quality earnings, I guess (not that banks manipulate things at all <G>)

I'm alwasy impressed how the banks manipulate their reserves for bad loans to make their earnings rise every year.