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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (124701)	10/4/2005 12:30:11 PM
From: Henry J Costanzo	Read Replies (1) of 209892

EMC.....<<I wonder if I get a pullback to get in?>> What I am watching...FWIW..... Entering an overhead R area now, 13.75-14, from various congestion levels between May and Aug.....Logical pullback from that R would be the S from early Sept highs, plus S from the hopefully stabilizing 50d and 200d MAs.......Not a heckuva lot, but maybe down to the 13.10ish area. The Dec triangle breakout point looks, as of now, like it would be up around 14.75. Should get a pause there, and possibly another pullback, before any breakout. IF confirmed, triangle should measure to around 20 (19.91....g)

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