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• Patterns that detect stock market reversals by Bill Ohama and Melanie Bowman

  ARTICLE SYNOPSIS ...Patterns that detect stock market reversals by Bill Ohama and Melanie Bowman Full-speed ahead on its maiden voyage and presumably protected against disaster, the Titanic sank in the chilly North Atlantic Ocean, shattered by an undetected iceberg. In the stock market, another kind of iceberg awaits at every major market top and has carried unsuspecting traders to similar ruin at least a half dozen times in the past 22 years. When I noticed this phenomenon in the fall of 1965, after studying the records of the Dow Jones Industrial Average (DJIA) May 1965 major top and June 1965 low, I coined i...

AUTHOR: Bill Ohama and Melanie BowmanDATE: NOV 1988