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Strategies & Market Trends : Classic TA Workplace

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To: Perspective who wrote (3842)5/31/2001 1:11:51 AM
From: JRI  Read Replies (1) of 209892
 
You are looking for a flat correction for Smelly...does a run to 610 qualify? (I'm anticipating you'll say that the flat will come due to time...ie., no sharp rise, but a long (1 day, more) drawn-out rise, with lots of squiggles...

If you are look for a flat for Smelly....same for COMPX?

Finally, tons of big-time H&S patterns developing (stunning actually, everything from small-cap to non-tech to tech, etc- all in synch now)...need to create a nice right shoulder though....how many trading sessions do you think we need to develop that? Isn't one day too little? Wouldn't that fit nicer with a flat 4 scenario that runs several days?

Thanks in advance..
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