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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (32115)11/2/1999 2:45:00 PM
From: Brister  Read Replies (1) | Respond to of 99985
 
Hello Don
If you look at ko on a 5 yr chart it looks like a h&s, but is it valid over that time much time?
thanks



To: donald sew who wrote (32115)11/2/1999 6:33:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 99985
 
Donald:" let's light this candle "

of course they look lousy (^_^)

...collapsing and all that. But then, did anybody think that we would bust out, gap-open through that DownTrend Line, and never look back? Real test comes on re-trace to the line. I mean hey, el toro - R U SERIOUS ?

If no support around that area... then this is just another lower high within a wider, more mildly-sloping DownTrend channel - and the bullz are just jacking off on Jupiter.

um - can we say that on radio ?

when it hits the magic line, bet the bounce with a 2:1 long Ratio BackSpread or, ( el pollo poquito ! ) sell CCalls into any strength here like everyone else is doing.

my dos pesos {grin} gawd, I'm still hung-over.

-Steve