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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (34962)6/28/2005 8:34:30 PM
From: jackjc  Read Replies (1) of 110194
 
Don't like the wedge nomenclature, that is neither a rising
or falling wedge, but a sym triangle.

The 2nd chart shows the triangle has already broken upside
but has little conviction as too far in to the apex. Has
broken up half-heartedly and is meandering.

These sym triangles favor a resumption of the uptrend but
only a weak indication when this far in. I don't expect
anything dramatic, but if enough people think it is important
it could be.

Otherwise agree on your other points.

I have had several 10 baggers in Ag during past 5 yrs,
and expect sev more.
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