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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Big Bucks who wrote (24816)	10/2/1998 1:37:00 AM
From: Gottfried	Read Replies (3) \| Respond to of 70976

Big Bucks, here's my TA take, but first thanks for giving your thoughts. Yeah, you got to keep an open mind and adjust with the flow. Here's a monthly chart of the DJIA. The price is on a log scale. geocities.com It is just about breaking the trend line and could continue like in 1990. That year it dropped another ~13% after breaking the line. Today that would be about another 1000 points. I don't see a head-n-shoulders forming, but that is in the eye of the beholder. The weekly chart shows the DJIA at resistance and, if broken, the next stop COULD be ~6400. That's also a little over 1000 points. geocities.com None of these things MUST happen. Options are up cme.com Gottfried