FinancialAdvisor's College Class (FACC)

[Blackbelt1]

3 Peaks and a Domed House

Last year we heard a great deal about this formation. As it turned out, the market put one more peak on the house before falling into the lows of April/May 2005.

If you look at the $INDU on a weekly chart since May 2005, you will see that the formation has reappeared. This time we will likely get only one peak--the current one--before we fall into the lows of mid-to-late January.

Fasten your seatbelt. Between Christmas and New Years, expect to see a headline in the business section that says: "The Grinch That Stole Christmas."

BBelt