Live Update

Sunday, August 17, 2008

A letter from Sam: Three Peaks and the Domed House Redux

Here is a letter from Sam, who is a reader of my blog:

I was looking at your chart, 1.2.2, a long term monthly chart of the DOW..... it has the appearance of George Lindsay's "3 Peaks and a Domed House" pattern, which portends much lower prices on the DOW, as we would be on the final downslope.

Compare 1.2.2 to the picture of this pattern at this site:

Do you agree?



Thanks for all of your work.....I like it very much! By the way.....check this chart of is completing a 3 peak dome house, as are COP, DIG, and XOM!


Thank you, Sam!


Post a Comment


The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.