......Price is close to exploding to the upside....
http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1987-01-01&en=2007-12-31&i=p36430880995&a=68755843&r=6081.png
http://stockcharts.com/c-sc/sc?s=$OEX:$SPX&p=D&yr=2&mn=6&dy=0&i=p13102467104&a=99886703&r=9129.png
http://stockcharts.com/c-sc/sc?s=$OEX:$SPX&p=D&st=1990-01-01&i=p69514563362&a=98616671&r=604.png
Whether we have another low to come or not
Started by
eminimee
, Aug 06 2007 07:33 PM
1 reply to this topic
#1
Posted 06 August 2007 - 07:33 PM
#2
Posted 06 August 2007 - 11:41 PM
Hi Teaparty,
I wonder how transports/spx would look on your chart too. Transports have broken support and according to Dow theory transports lead the industrials. I think I found one example in years past where transports went down but dow went up though.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/