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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (11031)12/6/1997 6:35:00 PM
From: GROUND ZERO™  Respond to of 94695
 
Hi Dennis,

John Murphy is correct. If the NAZ takes out 1650, the coil pattern is broken to the upside and the entire formation becomes an ascending triangle, which is bullish. If this occurs, a fast rally should follow, that coil is wound up pretty tightly.

GZ



To: dennis michael patterson who wrote (11031)12/6/1997 9:37:00 PM
From: William H Huebl  Respond to of 94695
 
Hi Dennis,

Again for everyone's sake, I believe we will have a pullback into mid Dec BEFORE the possibility of making new highs...

But I only take it one day and one week at a time.

Bill