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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (138251)	11/4/2006 6:11:44 PM
From: Henry J Costanzo	Read Replies (1) of 209892

SONS...Agree, an interesting watch, Freep IMHO looking on the bullish side... A bullish-looking flag/pennant past month or so, with proper volume pattern, and properly behaving MAs...Getting long in the tooth, though, and failure to break out immediately (above short DT line from Sep high) may mean that it'll need more sideways action... Most interesting feature, though...possible large triangle from Dec '05 high...or, more conservatively, a bullish ascending triangle from the April high..A break could be good for at least the 7ish late 2004 high . Think I'll be planning to buy any break...vbg

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