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How do you Spell TOP in the Dow Jones and other Stock Market Indices

Stock-Markets / Forecasts & Technical Analysis Mar 04, 2007 - 07:35 AM GMT

By: Boris_Chikvashvili

Stock-Markets

How do you Spell Stock Market TOP ?

Look at the projection on the chart below - The Red curve SOLD QQQQ 44.73 2c From the Top.

The Original projection was posted 3 days before the top !

"Sentiment is Super Bullish, Bearish transportation not confirming, buying pressure is rising, stocks not responding. Dow has either topped Wednessday or may have 1% more left".


By Boris Chikvashvili
borisc.blogspot.com

In short... I was supposed to be a theoretical physicist(Russia+Jerusalem Hebrew University, MS Physics, with distinction, toyed with QUARKS). Somewhere on the road to PHD I have discovered, first the Computers - at Carnegie Mellon University ( MS EE, Fathered UNIX, adopted WINDOWS), and second Finance on Wall Street.President ITI,( Computer/Finance Consulting Firm) Consulted AT&T,IBM,SUN,CITIBANK,JP MORGAN, LEHMAN, MICROSOFT. Designed/implemented Trading Systems - BLOOMBERG LLP. There is nothing more to say professionally speaking. Please Note: The opinions expressed here are only for education purposes and do not constitute the advice in any shape of form.


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