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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?


To: Cola Can who wrote (312)10/7/1999 10:39:00 PM
From: sean sanders  Read Replies (1) | Respond to of 967
 
CC,

I forgot whom was in ETN, but you take a look at it. Been a couple weeks since I have; I've been real busy lately (non market wise). Looks like it compleated the desc. tri nicely and now its forming a H&S; but it's always good to wait till it crosses the neckline (at 85 it seems) I think a close below that with decent volume is preferable, rather then just a move through it.

Sean



To: Cola Can who wrote (312)10/15/1999 10:35:00 AM
From: sean sanders  Read Replies (1) | Respond to of 967
 
CC,

Well if the market keeps heading down I would expect ETN to break below it's neckline. And that could mean a 15 point drop sometime in the near future. Although I've missed judged some of my recent trades so I am feeling a little gun shy about some things.

Sean