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Strategies & Market Trends : Why the markets will continue higher... -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (297)	1/2/1998 9:47:00 PM
From: bearshark	Read Replies (3) \| Respond to of 745

Hi GZ: I am sitting here with with a long term chart of the DJI--going back to 1994. I have not updated it to the current day. Maybe you have done this already, but if you have not, take a look. Take the August 6 high, the October high; and the December high and link them with a line. Then you can go to the 12/23 low point;, the 10/27 low point, and it looks like the April low and link them with a line. It looks pretty much like a symmetrical triangle. We may have broken out of it already. However, my printer is screaming for ink and I have a number of other things to do. Such a true breakout would support a strong up-move. This would coincide with what my instincts say we are in for next week and what you are saying. I bet you have already looked at it. I am still long and do not plan to get in any rampaging bull's way.