Is This A WARNING?
Started by
mss
, Nov 26 2006 07:35 PM
1 reply to this topic
#1
Posted 26 November 2006 - 07:35 PM
Are we there? Have we reached the great "TOP"? I don't think so, but we may have reached the point of consolidation/correction of about 6-8%. The great "TOP" is somewhere above 1414. Not going to guess at a time nor finial target, will let the market do that. These charts were posted some time ago and have been updated as of 11/24/06. They are self explanatory, and may just be telling us a story we don't wont to hear.
Comments are welcome,
mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#2
Posted 27 November 2006 - 07:21 AM
I've made a big case around 1994 at the beginning of this year and how bullish it would be if the pattern continues...but as you point out....what if we are moving backward and not forward.
http://stockcharts.com/c-sc/sc?s=$VIX&p=W&st=1989-01-01&i=p70126573358&a=79008856&r=9755.png
http://stockcharts.com/c-sc/sc?s=$VIX&p=W&st=1989-01-01&i=p70126573358&a=79008856&r=9755.png