asx might be up 200pts on monday? dow up 150pt, page-16

dude, on my DOW chart, its just come out of what was an expanding wedge which it went into from a rising trend, finished it off with a pendant.

I have never yet seen such a pattern end in anything other than the direction it came from - in this case - UP.

market wants to go to 10,000 - we'll be there soon!!

The big question on my mind - what happens at 10,000 - my 'guess' is that it'll hit resistance, fall 300-500 points, then charge again at 10,000. OR it might just charge on through!!

will october see a fall? This year has seen the rule of Januarly setting the trend fail - I wonder if we'll see the market fall into the close of the year?

My opinion now is, we're now in a bull market - buy the dips!! at least, thats what I plan to do.