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To: The Freep who wrote (87363)12/12/2003 12:19:10 PM
From: Henry J Costanzo  Respond to of 209892
 
Following your lead about non=tech strength, have been looking at the Dow "biggies", noting...as is my wont.....that No. 3 biggie, UTX, alone responsible for much of the green we're seeing in the Dow today....

Remember when we were speculating that then No.1, MMM, by rising to 140, could alone lift the Dow a couple of hundred points to 9200?

Along those same lines, see two more biggies which could tack on a bunch of points to the Dow...

No. 3 .UTX showing a multi-year symmetrical triangle with the potential of tacking on 20 points from here. And No. 4 CAT sporting a multi-year ascending triangle with potentially 15 points up from here.

Add them up (35) and you get something like 250 points waiting to be tacked on to the Dow just from these two biggies alone......(after, of course, we move into biggie Wave V up........g)