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If you extend the channel and extrapolate the price action, it's
possible that the "Dow" won't revisit the lower channel until 12,000 to
16,000..... Is that what you are pointing out??
Gary
--- "John R." <Johnonetoo@xxxxxxxxxxxxxxxx> wrote:
> All...
>
> This has been staring me in the face for a few
> weeks.
>
> I'm not making any predictions, just surprised
> nobody has submitted this
> channel formation on the Dow. I suppose it speaks
> for itself. The
> scaling is obviously logarithmic. Please draw your
> own conclusions, I
> just hope this post is of some benefit instead of a
> generator of flames
> :-]
>
> Simply... John
> ATTACHMENT part 2 image/gif name=DOW.GIF
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