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I see that the SPX is looking similar in the Nov 74 time-frame....
so you are saying if resistance overcomes this latest up-move,
we are going back down to re-test our 775 level as in Dec 74 ?
> -----Original Message-----
> From: tradewynne [mailto:tradewynne@xxxxxxxxx]
> Sent: Friday, August 16, 2002 11:26 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: [RT] Re: bottom?
>
>
> 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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