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Strategies & Market Trends : Classic TA Workplace

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From: Henry J Costanzo	11/24/2006 4:14:36 PM
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USD...My bullish bias being severely tested today..LOL...BUT still hanging on to it... Looking at a daily chart, thinking it possible that we are completing an A-B-C down from the high in Feb...The C would have been launched in Apr, and is now moving in its 5 down...nearing completion... The entire move from the Dec 2004 low would then form a 1-2.... I am unable to pull up from StockCharts any longer period on a weekly chart beyond the end of 2003, but believe this chart shows the continued possibility of a multi-year H&S bottom...as I have previously discussed.

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