http://xtrends.blogs...pattern-on.html
Edited by xD&Cox, 02 March 2007 - 04:00 PM.
Pattern recognition for Dow Jones Industrial
Started by
A-ha
, Mar 02 2007 03:59 PM
3 replies to this topic
#1
A-ha
-
- Traders-Talk User
- 5,875 posts
Member
Posted 02 March 2007 - 03:59 PM
Headed to 11400 short term
http://xtrends.blogs...pattern-on.html
http://xtrends.blogs...pattern-on.html
#2
raleigh
-
- Traders-Talk User
- 528 posts
Member
Posted 02 March 2007 - 04:00 PM
This reminds me of the Fri before the crash in 1987.
#3
da_cheif
-
- Traders-Talk User
- 10,963 posts
Member
Posted 02 March 2007 - 04:03 PM
yup....wasnt that great?????.....a rare opportunity.....This reminds me of the Fri before the crash in 1987.
#4
nimblebear
-
- Traders-Talk User
- 6,062 posts
Welcome to the Dark Side !
Posted 02 March 2007 - 05:07 PM
Headed to 11400 short term
http://xtrends.blogs...pattern-on.html
A lot of people have been warning here, but compared to the media, it seems to be a minority. I have only heard one guy, who came on a major news program mentioning the word bearish and the commentator almost choked. I think they must screen these guys as to what they'll say before they let them on. This guy must have squecked through.
Too many people are saying things look good with the economy. The buy and hold mantra has clearly been reinforced buy this bull run, which turned out to be nothing like Japans crash in '89 vs our 2001-02 crash.They also say we have just too much liquidity to have a crash. I guess I'm just skeptical and remain very cautious about this market. The unexpected for the majority would be for this thing to continue for weeks. (or longer) People would say How? or Why?
OTIS.
