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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 483.65-0.8%Dec 31 3:59 PM EST

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To: Challo Jeregy who wrote (12914)2/27/2002 10:24:57 PM
From: Susan G  Read Replies (1) of 26752
 
Those monthlies are ominous. I give much more weight to patterns on longer term charts...
When I look at them closely on my Qcharts, they have already broken down and are half way to the base of the flag. But bearflags don't usually stop at the base like rising wedges often do. Except that wedge today, sheesh!

I remember posting a monthly chart in the past week or so and cannot remember why. I had not checked the monthly in a while and there was something that sent a warning chill up my spine <g> Now I want to go back and find it to see what it was saying <g>

Bearflag on the 30 min NQs too, could mean another down move tomorrow.
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