Nobody knows, and distrust anyone who acts like he does.
Posted on Aug 21, 2010 by WHC Bassetti in Letters
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p03149889863&a=204730441
For readers within driving range of San Francisco the finest technical analysis society in the country, and the oldest (tsaasf.org) meets monthly at Golden Gate University. Last Thursday the society met and discussed both Wyckoff and the state of the market. Do they know what's going to happen? No, but neither does anyone else.
But we know.
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