If anyone has been following Tom DeMark in the press you'll know he's been suggesting a 1973 scenario is playing out on the DJIA. I notice someone posted a link to one of his interviews also.
Thought I'd map it out on a chart to see what it looks like.
martis you had better take a seat before you look at this mate ;-)
DJIA DeMark 1973
DJIA DeMark 2011
(The counts are in trading days)
and I lightened up on some PUT's last night....bugger
I think if we really breached 10,000 it'd trigger a lot of selling and we wouldn't stop at 9640.
SanFelipe didn't you have something going on around the 4th Dec?
If anyone has been following Tom DeMark in the press you'll know...
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