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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (114365)3/5/2005 9:25:44 PM
From: nspolar  Read Replies (1) of 209892
 
Petch suggested a count for the HUI that makes more sense for the BKX, than the HUI, imho.

Essentially this type of count would have the BKX yet in a long running 4 flat. It would now be start the C of B, wherein the B will well above the 3. The C of 4 is yet to come. Crazy - dunno.

ttrader.com

All I know jj is I like JPM for one bank here and my recent calls are moving in the right direction. I think JPM is in for more than a pop. It looks to me like it has completed an ED type of wedge or something and is ready to make a decent move up. JPM calls are dirt cheap if it is. Not heavily committed yet, but 'buying in'.
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