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Strategies & Market Trends : Classic TA Workplace

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To: bcrafty who wrote (135077)8/3/2006 1:20:15 PM
From: Henry J Costanzo  Read Replies (2) of 209892
 
NGS......Pullback since Monday could be the return to neckline of that H&S bottom I think i saw there..I am staging into calls right here....looking for 22ish....

OMG... BC....not sure I would identify anything I see going back to '04 as an ascending triangle. There does appear to be such a triangle since May. with a mid-July breakout.....But that took place so close to the apex that...in view of our sad experience lately with similar situation like EMC and HD....kinda leaves me suspicious, and doubt that I'll want to pursue this...

BTW.......hoping for a buyable pullback your MDRX.....vbg
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