John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Hawkmoon who wrote (12900)	10/21/2011 3:05:59 PM
From: Hawkmoon	2 Recommendations Read Replies (1) of 33421

For what it's worth, I'm seeing a Cup & Handle in FAS right now on my 4 day, 5 min chart.. . It's been very good to me all day long, and I think it's going to try and run to $14. Where it goes after that is anyone's guess, but I think it wants to try before the Europeans meet (maybe) next week. If it can manage to hold above it's 50 Day MA, FAS could really run hard to the upside based solely on the probability of a short squeeze. Hawk

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