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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (4611)	1/5/1998 5:23:00 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 42787

Good morning Chris, Yes, I've seen those charts. Respectfully, the only problem I have with the attempt to show similar patterns between now and then is that those patterns are common after major market drops anywhere. If they occurred only prior to crashes and right now, one could make an argument. But, I think making a case for an impending crash based on a common chart pattern which also happens to occur at the October minicrash, is weak and intellectually dishonest. It remains to be seen. I'm certainly not anti-crash, I just need technical evidence unique to the immediate situation. Please understand, this is not intended as a flame in any way. If the artist doesn't understand the point I'm making, no blame is intended. If the artist understands my point, then you're looking at a hoax. What that pattern shows me is that the market put in a minor double bottom after a big drop and before going higher. and not much more than that. Now, watch the market crash today. (-...-) GZ