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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (56997)12/18/2004 12:42:10 PM
From: Snowshoe  Read Replies (1) of 74559
 
>>Does this look like a multi-year cup-and-handle?<<

I had an inconclusive discussion on a TA thread about whether a formation spanning such a long time (5 years) counts as cup-and-handle. Meanwhile, ZOLT popped over 20% yesterday on news that it signed a big contract with Vestas Wind Systems...

stockcharts.com[h,a]daclyiay[pd10,1!b50!f][vc60][iut!Lah10,30,5!Lc20]&pref=G

I am long ZOLT. The future belongs to carbon fiber.
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