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Old 01-18-2008, 06:24 PM
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Re: Recession Exposure

I thought some of you may find the two attached daily charts of Dow and S&P 500 interesting. They are two almost perfectly formed Butterfly Patterns with the right proportions textbook style. It is a very powerful pattern and it should hold. if it fails, then the market can get very ugly.
So Mr. Market, the ball is in your court.
Attached Images
File Type: png DIA.png (23.6 KB, 8 views)
File Type: png SPY.png (27.9 KB, 9 views)

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