re: gann bearish again - djia 15,000 soon?
Clacoste
Chances are very good of history ryhming again.
Note, not repeating exactly. Cicumstances will be different but market patterns have a habit of more closely repeating.
If everything was the same no one would get caught out, well some would. It is always different this time.
There is no way our market can keep up this type of trend without a disastrous end game.
And the longer it continues in this mode the worse it will finish.
Regular medium term corrections are essential for the health of any market and we really haven't seen one since this bull run started. Yes. we might have some years to run, but I hope we have a 6 to 12 month correction shortly to digest the gains. Otherwise '87 is going to look like nothing compared to what will come.
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