Classic TA Workplace Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: At_The_Ask who wrote (65950)	2/11/2003 6:17:23 PM
From: Shack	Read Replies (2) of 209892

AMGN is not behaving right for this to be the terminus of the wedge. I think we have a thread-wide case of "premature diagnolation".-g/ng Anyway, I still think the wedge is the right pattern but as you have mentioned, it is probably expanding. Its hard to read the shit inside a wedge but my guess is the 'c' wave ED out of the Sept 2002 low is only in its 'iii', not the 'v'. I will be taking my poots off the table. Another "educated" guess is that we will visit the Jan 27 low around $50.25 before we continue to grind up into that monstrous resistance on the weeklies. I think that wiggle dump from Jan 24-25 is impulsive and needs a brother. That is where I am bailing hopefully. If I miss the payout so be it, but its not acting how it should for teh money move to be at hand.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next