Dow
Started by
CLK
, Jan 26 2007 10:10 PM
3 replies to this topic
#1
Posted 26 January 2007 - 10:10 PM
#2
Posted 26 January 2007 - 11:51 PM
Hey CLK... Very interesting chart... At what number on the DOW does that take us to the middle of the channel?
TIA - WC
$ No more effort is required to aim high in life, or to demand excellence and success than is required to accept failure and poverty. $ ~ Anonomous
#3
Posted 27 January 2007 - 06:02 AM
Hey CLK... Very interesting chart... At what number on the DOW does that take us to the middle of the channel?
TIA - WC
WC,
I'm not exactly sure but looks like at least 4k above the breakout
which should take us to 16k, possibly 17k. Timewise, all this should
happen this year, no later than sometime in 2008.
Btw, some good trades you've been making.
#4
Posted 27 January 2007 - 08:57 AM
I can see that...after this of course....
Providing we aren't going to do the same type pattern as the 04 top...that would allow another slight new high. 4 charts.
http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=0&mn=3&dy=21&i=p91187304335&a=91757908&r=9848.png
http://stockcharts.com/c-sc/sc?s=$OEX&p=W&yr=10&mn=0&dy=0&i=p91399792507&a=83876953&r=6430.png
http://stockcharts.com/c-sc/sc?s=$OEX&p=W&yr=3&mn=4&dy=0&i=p90849346621&a=96128544&r=2100.png
http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=1&mn=4&dy=0&i=p51131914273&a=87693315&r=5873.png
Providing we aren't going to do the same type pattern as the 04 top...that would allow another slight new high. 4 charts.
http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=0&mn=3&dy=21&i=p91187304335&a=91757908&r=9848.png
http://stockcharts.com/c-sc/sc?s=$OEX&p=W&yr=10&mn=0&dy=0&i=p91399792507&a=83876953&r=6430.png
http://stockcharts.com/c-sc/sc?s=$OEX&p=W&yr=3&mn=4&dy=0&i=p90849346621&a=96128544&r=2100.png
http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=1&mn=4&dy=0&i=p51131914273&a=87693315&r=5873.png
Edited by Teaparty, 27 January 2007 - 09:01 AM.