Bob Prechter Explains 'Triple Top' Forming in U.S. Stock Market

[parvez69able]

hey hey! Have you thought about the British Box Breakout (do a google search)? Ive heard some awesome things about it and my friend got lots of cash.

[Andronichuk]

Downward sloping neckline could lead to an expanding diagonal as was seen in the 1970s.

[orangedac]

@Andronichuk

meaning what? it will zig zag down in a diagonal tunnel that expands.... so lower lows and lower highs?

also won't the federal reserve jump in to rig the stock market upwards as it always has.

[Andronichuk]

@orangedac It's one of those bizare patterns which could have higher highs and lower lows... very similar to what we see in the 1970s... almost a decade of sideways action yet the fluctuations become more volatile.

Fed is probably doing it as we speak to be honest, but it is not the all powerful institution some people think (in my opinion anyway). :)