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Gary...
Now that's another way to look at it!
My attention was drawn to the present proximity to the top of the
channel, nothing written in stone, but it leads me to be more cautious
if anything.
Regards... John
gary gray wrote:
>
> 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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