Spying the black hole by Carl Wyman
ARTICLE SYNOPSIS ...Spying the black hole
by Carl Wyman
The stock market spiraled into a black hole on October 19, 1987, hurting investors and destroying
many put writers. For most traders the plunge was an incredible concepts which could have warned a
trader of a potential shorting opportunity--missed. Why were so few technicians prepared for the crash?
Were not some technical indications of an impending market ""correction"" present? Let' take a look at
some of the familiar and maybe not so familiar technical market top. None of these concepts are new.
Most were written about and practiced more than 50 years ag...