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Technology Stocks : Full Disclosure Trading
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To: advocatedevil who wrote (3447)12/26/2002 4:49:13 PM
From: Return to Sender  Read Replies (1) of 13403
 
OT: I covered my ALTR at break even today too. I can't help but wonder if the head and shoulder patterns I am seeing here won't get at least a little more swing to the upside before caving in.

Take a look at the SOX Daily Chart and count the number of days from the left shoulder to the top of the head. Then count the right shoulder formation. You'll see what I mean when I say that until the first of the year we are likely to be just working on that shoulder padding.

stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10!c200][vc60][iUb14!Uk14!La12,26,9!Ld20]&pref=G

But after that AD it probably won't be pretty for long stockholders in my opinion.

RtS
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