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


To: GROUND ZERO™ who wrote (27206)9/10/1998 1:26:00 PM
From: Investor2  Read Replies (1) | Respond to of 94695
 
re: "I do see a bear pennant being formed by the DOW and SP500. Right now, we're at the lower end of the pennant and I think we may rally back to 8000 or higher to complete this formation."

Can you show or explain the pennant to me?

Thanks,

I2



To: GROUND ZERO™ who wrote (27206)9/10/1998 1:30:00 PM
From: HairBall  Read Replies (1) | Respond to of 94695
 
GZ: Bear Pennant? Rally to 8000 to complete formation?

Are you sure...http://www.chartpatterns.com/flagsandpennants.htm

I believe if you look at the (actual "day" charts) also look at the (60-min actual charts) for NYA, SPX, INDU, COMPX, OEX your will see bear flags.

Regards,
LG



To: GROUND ZERO™ who wrote (27206)9/10/1998 2:21:00 PM
From: robert b furman  Read Replies (2) | Respond to of 94695
 
I think pisani on CNBC is reading your posts on this thread. Hejust noted higher high and higher lows

FWIW

Bob