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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Margaret Mateer who wrote (52630)	9/15/1998 3:15:00 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 58727

Peggy; RE:" W-bottom " >My fascination with the OEX H&S was that return move approaching 520 which predicts new lows...J'espere. vraiment a beautiful thing to behold, that. Was another really classic one (on the daily and on the weekly chart) on GM - with equally textbook-accuracy downside targets. >How about that W in an uptrend on the DT chart - that doesn't have the same impact as a W bottom, oui ? non; but the "W" or whatchamacallit shape is pervasive here on all the charts, isn't it? Upward-sloping legs. Market feels to me like it wants to kiss the 200d EMA, DownTrend Line. regardez votre aeroplanes, dite Monsieur Dow. -Steve