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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Jeff Jordan who wrote (192964)9/20/2002 1:09:23 PM
From: prosperous  Read Replies (1) of 436258
 
Classic cup and handle formation on GFI chart, a la CANSLIM:
finance.yahoo.com
Will make William O'Neill proud if and when it breaks out of the handle :-).
Its indicating a few more weeks of consolidation in the handle part with a slight downward bias
and then a breakout after shakeout
Would not surprise me if the breakout off the handle matched the Gold breakout from 325 region in which
case a rapid upswing is to be expected. That is what the tea leaves say, the fundamentals may not support a large breakout unless triggered by some event in the next few weeks
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