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Still a major test overhead in the SPX from 935 to 950.
Previous hourly to weekly swings, and the weekly "neckline."
Also, check out the 1974 DJI charts.... so far the pattern is
similar. We'll know pretty soon.
http://www.sharelynx.net/Charts/USDJIND1974cr.gif
BW
--- In realtraders@xxxx, BobsKC <bobskc@xxxx> wrote:
> Well, I had doubted that a bottom of any significance had been put
in but
> reading this list, I am not so sure now. The doom and gloom and
tomb
> comments are everywhere. Prector is being quoted. The future is
bleak to
> non-existant. The Chinese are taking over America if not the
world. Banks
> and the Fed are both gambling. Capitulation is at hand .. (or has
it
> happened?)
>
> Bob
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