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Strategies & Market Trends : Classic TA Workplace

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To: Olu Emuleomo who wrote (16700)	10/16/2001 2:13:32 PM
From: Davy Crockett	Read Replies (2) of 209892

Just curious. On what basis or time period, do u make a "W" case? I checked out both the weekly chart & daily chart. They both are negative to your scenario @ this time. stockcharts.com[w,a]dicayymy[dd][pc5!c21!c50!c200!h.02,.20!i!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14!Lg] I always thought that until a higher high is made ie: around 140ish that the downtrend is intact. If 144 is taken out, then, & only then, can u make a case that BBH has broken the BEAR's grasp. Looks way overbought to me...JMHO

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