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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (64817)8/4/2002 11:50:14 AM
From: DebtBomb  Read Replies (1) | Respond to of 208838
 
Here's a nice USD chart, massive H&S, IMO: stockcharts.com[h,a]maclyiay[d19900803,20020803][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14!Lo15]&pref=G



To: LTK007 who wrote (64817)8/4/2002 2:18:54 PM
From: SirRealist  Respond to of 208838
 
Great chart yerself, Godfrey. And I note there's one-a these forming at the bottom: chartpatterns.com

sending a bearish message....

but I've grown suspicious of such TA significance of late cause many patterns lately have broken the wrong way.

So it could be bullish. In fact, if Monday trades from 1300 to 1230, the triangle remains intact.

Whatsa po-boy ta do?

For one thing, I bet we dip some, run up to 1300 and retreat to 1228 at the close. That'd have the bears convinced of a Tuesday drop.

Unfortunately, I won't be able to play Monday's fun cuz I'll be outa town. So Tuesday's explosion begins without me.

However, as I indicated 1570 is this qtr's strong resistance point (via the USD chart), your chart adjusts that downward, to about 1555. Thanks!