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[RT] Re: MKT: Dow



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Here SM is looking at fairly long swings for analysis.

The current leg will complete the  4th  swing leg pairs
since August, 1998.

On the basis of this kind of swings (going back to 1928),
SM says it is 2:1 that the DOW will have another high.

Even if not so, there are a few HUNDREDS of points on
the upside from somewhere in this time vicinity.

Clyde

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----- Original Message -----
From: "Stan Book" <sbook@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, February 24, 2000 20:22
Subject: [RT] RE: MKT: Dow


>
> "What if" the DOW is forming a large head & shoulder top? What might
it look
> like?
>
> The attached gif is NOT a projection, just something to think about.
>
> Joe, I hope my representation of your projection is not too far off
the
> mark.
>
> Stan
>
>
> > -----Original Message-----
> > From: listmanager@xxxxxxxxxxxxxxx
[mailto:listmanager@xxxxxxxxxxxxxxx]On
> > Behalf Of Joe Frabosilio
> > Sent: Thursday, February 24, 2000 12:12 PM
> > To: realtraders@xxxxxxxxxxxxxxx
> > Subject: [RT] MKT: Dow
> >
> >
> >
> >
> > Hi Group,
> >
> >     If any are interested here are my Support / Resistance lines.
> > 10,350
> > 10,050
> > 9,850
> > 9650
> >
> > By the end of April we might be at the level of  8,812, if this is
true
> > then look at 7872 near late June.
> >
> > I have a CIT  on 3/1,  turning bearish 3/15, buying Puts on AOL,
AMZN,
> > RHAT, QCOM
> >
> > TradeWell,
> > Joe Frabosilio
> >
> >
>

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