Discussion in 'Technical Analysis' started by Rickshaw Man, Jun 17, 2005.
Then watch out for divergence.
One thing puzzles me about the dow. All 30 of its components are huge companies that have been around for awhile. Where is the potential for upside other than inflation?
Current administration policy favors large multi national companies, tax code favors large companies. Although rising interest rates, and a rising dollar are not so favorable. Remember I said to watch for a divergence which could lead to a nasty correction. I have no idea what is going to happen, all I know is my chart analysis is leaning towards upside.
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