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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (69361)3/22/2003 4:38:13 PM
From: Shack  Read Replies (1) of 209892
 
New bull? Geeze Bob, I hope we see lots of that talk

One thing that I am reading which seems to be gaining momentum is the idea of the inverse H&S on the DOW weekly. However, it looks terrible given the weak right shoulder but nonetheless there is much more chatter now.

It would a cozy way to end this don't you think?. We ramp to break the neckline, maybe tack on a few hundred points for good measure and then it would fail trapping herds of bulls.
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