Hi all
Sorry to join in but I read your posts and want to contribute sometimes.
The current hot pants have a little pockets for a phone. Look great.
My recall is of colour tv. We had one when most shows were in b/w.
Dad use to say that we will hang tv's like pictures on walls. Now he is the
king of ipods.
Since we are comparing the 70's a few ichimoku charts of the S&P500.
Price dropped through cloud (gap between blue and green lines)
Retraced to kiss green and then down only to sometimes kiss red drop
for 2 years.
Next is 1987
Quick drop through cloud to retrace to green and was supported by blue.
In 2001 price dropped though cloud and didn't touch green for over 2 years.
Currently we have been below the cloud for over a year.
The overall trend is very bear and a retrace to red is under way.
What will it do on reaching red? Currently red is angled down and a kiss
from price would send price down. Over the coming weeks I will be watching for the red line to go flat and attract price.
Good trading and thanks for the thread
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