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Strategies & Market Trends : MP - Market Pulse

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To: HairBall who wrote (441)7/10/2001 11:23:14 AM
From: JRI  Read Replies (1) of 1328
 
We broke the wedge, it came back, retraced and ticked over a bit (easy money to take out stops)...but, no COMPX has been sitting comfortably under wedge break for a while..

So, is the likelihood, in your opinion, of a headfake less here? I would think so...I would think the headfake would have been that first breakdown (false) and then an explosion up....

Thanks again for your thoughts....
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