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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Death Sphincter who wrote (47521)5/21/2000 5:23:00 PM
From: set  Read Replies (1) | Respond to of 94695
 
contrary? no. Keeping the chart fresh.

Just looking over the idea of a beginning diagonal
and wondering how well it suits the patterns I
do understand. But I get Escher on the brain
if I go too far with it.

In reality I trade off this thing:
users.uswest.net
or really an ES version that has the sells too.

I think this buy signal will fail and that happens
to be consistent with what I see in the nasdaq and
specifically in MSFT, which seems to be targeting
high 50s. Unbelievable.

If a bounce there is strong it would happen to be
consistent with the general structure of diagonal,
I think, and with the interlocking Escher H&Ss,
and could create an appropriately bullish right
shoulder for the larger one.

On the other hand, with respect to the patterns
I use, down hard and smooth is also candidate.
Can't quite define the points for that yet. Looks
like something around 1429.