Three Peaks and a Dome House
downward business cycle year? Will we continue to see high oil using industry sectors continue a downward sector rotation? Some are calling for a price limit on gasoline prices claiming that a group of folks controlling the market thru their strangle hold on the energy markets or simply a global issue with emerging market needs and natural disasters? Yet, even if that were true the price of something, anything should reach an equilibrium in the market intrinsically based on the desire of the buyer. Price controls do not help consumers, they hurt consumers, as anyone who studies such will conclude.
George Linsay, a technical analyst of the stock market has come up with a “Three Peaks and the Domed House” theory, which has been fascinatingly accurate in times past. If this occurs now we will see the Dow Dip below 10,000. If you look at the Dow Index Chart you will
