This isn't just a 'correction'
My analysis tells me there won't be any bottom this year.
Or for the next few years at the very least.
It all goes in cycles and we have finsihed a big up move that started in early 2003.
The very choppy volatile distribution over most of 2007 is coming to an end.
Distribution is a topping process.
The uptrend has finished.
My DOW targets and levels are in the XJO thread for those that are interested.
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This isn't just a 'correction'My analysis tells me there won't...
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Last
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Change
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Mkt cap ! n/a |
Open | High | Low |
8,297.1 | 8,297.1 | 8,235.7 |
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Peter Batten, MD
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