mmerlinn
Ground Beetle
Look at this chart:
Notice how the Dow is barely HUGGING the uptrend line and apparently having a hard time staying above the line. That, to me, is a SURE sign of an impending CRASH.
There does not seem to be any strength whatsoever.
What do I expect? I expect the Dow to continue creeping up UNTIL Labor Day, then CRASH.
On Labor Day weekend, I will post some hard and fast numbers detailing exactly where I think this is going leading up to the elections. I can't post the numbers now because those numbers are totally dependent on where the Dow will be in about 4 weeks.
Original chart and commentary here.
Notice how the Dow is barely HUGGING the uptrend line and apparently having a hard time staying above the line. That, to me, is a SURE sign of an impending CRASH.
There does not seem to be any strength whatsoever.
What do I expect? I expect the Dow to continue creeping up UNTIL Labor Day, then CRASH.
On Labor Day weekend, I will post some hard and fast numbers detailing exactly where I think this is going leading up to the elections. I can't post the numbers now because those numbers are totally dependent on where the Dow will be in about 4 weeks.
Original chart and commentary here.