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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (36622)1/21/1999 9:39:00 PM
From: bobby beara  Read Replies (1) of 94695
 
Thanks for the update Jim,

Check out Merck's chart, also DRG, h&s pattern ready to break.

Merck popped today and failed the trendline from the 10/8 and 12/14 lows and ended with a big drop and closed near the low. Just like I said, beara coil -g-

Dopers are on the ropers -g-

The super bullish sentiment will be changing over the next couple of weeks.

The gap across the h&s top on the Dow was a bull trap, just like the gap across the H&S bottom 10/8 on the spx was a bear trap.

bb

bb
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