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


To: Paul Shread who wrote (36434)5/23/2002 8:04:16 PM
From: Square_Dealings  Respond to of 52237
 
A Possible Path - Sandspring

sandspring.com

Next stop on gold is 343 which could come quickly at this rate.... -g-

M.



To: Paul Shread who wrote (36434)5/23/2002 8:05:38 PM
From: ajtj99  Respond to of 52237
 
Paul, I see that H&S, and I agree it seems to measure to 8800-8900 or so. Doesn't it look like it may end up forming a complex H&S with a lower implied target? The only problem is the left shoulder for that would be a little unorthodox and the volume spike is missing.

Either way, it appears there is not really enough time for a H&S to play out for a low by the end of July, as the right shoulder still needs work, and the breach and kiss back to the neckline all have to happen also if I'm reading this right.

That's why I think we may be actually looking at a complex H&S with a result that could meet or breach the Sept.lows sometime in the end of the year.
What do you think?



To: Paul Shread who wrote (36434)5/23/2002 8:38:14 PM
From: Vitas  Read Replies (1) | Respond to of 52237
 
dow 1 min algorithm is on a buy signal - you may have to wait awhile for 9500

maybe a long while:

geocities.com

don't forget a 9 month cycle low just means a low - it doesn't necessarily mean a low lower than the early May lows



To: Paul Shread who wrote (36434)5/23/2002 9:37:14 PM
From: Death Sphincter  Read Replies (1) | Respond to of 52237
 
DOW H&S??? oh, yeah here it is! pointing to 14000 after the right shoulder is put in

geocities.com