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Strategies & Market Trends : Classic TA Workplace

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To: 2MAR$ who wrote (140367)1/21/2007 3:18:01 PM
From: Henry J Costanzo  Read Replies (3) of 209892
 
Sorry, 2M...somehow missed your posts this AM...My loss...vbg

EMC...<<do you do quintuple top breakouts here ?? >>

Unlike at least one of the alien threads you inhabit, 2M, on this thread we have no fixed preconceptions/biases against double, triple, or whatever tops. The market is quite free to do what it will, and can deliver handsomely...even against triple tops..LOL

That multiyear sideways action EMC, plus the not insignificant upsurge from Aug, looking quite interesting indeed. IMHO An extension here of the recent volume breakout cannot be excluded, and it would point to the next areas of upside R... not 15, but 18ish first, and then 30ish.

Us stodgy position traders here are a keeping a close eye on it..vbg
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