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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (85535)	11/9/2003 10:09:05 PM
From: The Freep	Read Replies (4) of 209892

AJ... you say re: the BTK <<Ideally such a launch would take place from around 475-480, and possibly in another month. >> So I'm taking it that you see another move above that level, then back down to that level (a D and E???) first? I ask cuz we're clearly BELOW the level you expect the launch from, and I just wanna make sure I understand your scenario. The BBH chart, fwiw, is not the same triangle. There are probably some who would say the BBH has built a 2 year long "cup" of a cup and handle and is working on the handle now. And others will squint and say it has a H+S top, I'm sure. All I know for sure is that it's in a downtrend.... the freep

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