thursday trading, page-97

volt...

u got me thinking about IBM and how it
could give us a clue as to future market
direction,i have been doing some crystal
ball gazing...

i have used a perfect diamond pattern as
a 'feel' for some projection of price and time
as a H&S pattern doesnt look right with the
future RHS shoulder possibly dropping to far...

it looks to me the 1st E wave leg could possibly test
previous highs adding weight to any rally happening
across the globe...then the declining 2nd wave
forming...its quite scary that historically we
have an almost perfect fit that this scenario
has happened before...

the rally (with IBM and possibly linked to global
equities) could be quite 'sharp' and possibly last
till the end of April 09 with the 'channel' breakout
looking very likely to be confirmed..

anyways have alook at the below charts and let us
know what u think...