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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (3536)9/23/1998 5:40:00 PM
From: gregor  Read Replies (1) | Respond to of 5676
 
In stating we are testing the neckline are you bullish or bearish....



To: GROUND ZERO™ who wrote (3536)9/24/1998 6:48:00 AM
From: yard_man  Read Replies (1) | Respond to of 5676
 
Remember last year when you said the Bull market was over. Do you remember what the DOW was at then?



To: GROUND ZERO™ who wrote (3536)9/24/1998 3:57:00 PM
From: bobby beara  Read Replies (1) | Respond to of 5676
 
the neckline of the inverted H and S that took six months to form late 1997 projected a rally to about 9300. It did that this past summer. Now, the market just came back to test that neckline

GZ, On the SPX I would call the inverted H&S neckline @983 (correct?). If that is so we took out the neckline @940. The Dow neckline was around 8200 and we broke to 7400.

Would this alter the analysis?

bb