watch out, page-14

  1. 10,651 Posts.
    lightbulb Created with Sketch. 1867
    re: watch out - topspec MS, no no, my current view is that the top is probably in. Chart is as follows:



    My Mass pressure forcast calls for a bottom late August.

    Looking at the last several declines:

    Mar - July 2002 (4 Months) = -30%
    July - Sep 1998 (2 Months) = -21%
    August - October 1997 = -23%
    Mar - April 1997 = -10%

    I was looking for around 9000 to 8800 in late June.

    That would be a 20% decline in 4 months which is a long time frame for a decline, so I am happy with that.
 
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