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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (50181)1/21/2004 2:46:51 PM
From: Oral Roberts  Read Replies (1) | Respond to of 57110
 
Dows double top would be 10728 from March of 02. Naz has exceeded that top so I suppose this must also. Looking at my weekly Dow chart I would have declared it overbought in June of last year and all it's done since is compressed the indicators at the very top of their ranges and advance the index some 1300 points.

Overbought means nothing it's obvious.