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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (4754)6/12/2001 5:51:18 PM
From: martin001  Read Replies (2) of 209892
 
Alan if you have a moment

Take a look at EXTR's chart.
Another one of those damn H/S <g>
Anyway my point is today it fell to 28 - which is a must
hold. Nothin but air under it except some at 24.
This would definitely be capable of a H/S measured move
to the 18.

But amazingly they had a meeting today and said this
quarter looks good. I mean the timing is almost eerie
dont you think?
I must have seen dozens of charts like that today.
So It will definitely take some doing to get these to
break below each one's critical level of support.

The edge still goes to the bulls for now.
Need to see some volume come for the doubters out there
but we may not get that until fall. Climbing a wall of
worry all the while.

M
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