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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Davy Crockett who wrote (26553)12/26/2001 10:38:56 PM
From: Susan G  Respond to of 52237
 
That's why I took the day off...I knew the volume would be awful and a ramp on low volume usually fails. Taking the rest of the week off in fact : )

Looking at the daily INDU chart, if you ignore the negativity of the 200 MA overhead, and look at just bars, it sure is looking like a perfect cup and handle formation on the daily chart. A down day or two would just complete the handle.

And on the COMPX chart that's one hell of a bullflag or descending wedge starting on 12/5. I guess it's not a real bullflag since it broke lower than 1/2 the pole height, but the wedge looks bullish to me unless it totally breaks down in the next few days.

Maybe I'm just seeing things LOLOL. I ripped my bearsuit off a few weeks ago and now decide each day which camp I'm in <ggg>