Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: GraceZ who wrote (148173)	2/4/2002 12:13:27 AM
From: At_The_Ask	Read Replies (1) of 436258

AA and Shack profitably trade wiggles all day on the CFZEW. I can call them pretty well but I don't trade that short term anymore. Here is a classic example of how a chart pattern, in this case a head and shoulders kneckline and a down trend line stopped a rally dead in it's tracks. It also has caused the same effect several times all visible in this chart. To:J.T. who wrote (9884) From: At_The_Ask Thursday, Jan 24, 2002 11:55 PM View Replies (1) \| Respond to of 10085 J.T. thanks for your response on BKX. I have to agree that all the Argentina\enron stuff has created alot of fud concerning the financials. Usually a good time to look for a bottom. I haven't seen much concern in the price action of BKX though. The chart below shows what I'm seeing. Another thing that is not labeled in the chart is if you draw a trend line from the most recent head across the most recent shoulder it makes for a nice double whammy right below the kneckline for BKX around 890 or so. marketswing.com I don't know anything about astral stuff so maybe mercury retrograde will kick my head and shoulders in the A**. Will be interesting to watch for sure. Live Long and Prosper, ATA

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