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To: HairBall who wrote (54690)10/4/1998 10:37:00 AM
From: donald sew  Read Replies (1) | Respond to of 58727
 
LG,

>>>>>>> In each case the bear flags have oscillated back up to the horizontal trend line of the lows of the previous flag. This has proven to be final resistance to the rising bear flag patterns. Thus, culminating with the resolution of the bear flag pattern and the
expected break to the down side.
Note: If this pattern continues, that would portend a drop to approximately 6500 to extend the pole and begin the next flag. <<<<<<<

Per my earlier notes, the projections of the ANDREWs PITCHFORK and FIBINOCCI NUMBERS are pointing to 6600 - close enough. But as I always say it needs to first break 7400 then 7000, so we still need alot of confirmation.

Seeya