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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (23457)10/22/2002 11:49:10 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 26752
 
I used EXTR as an example of a C&H back in July.....the handle never broke out above the rim of the cup so doesn't really count. As evidenced by the fact that it broke down pretty seriously after that.
stockcharts.com[r,a]dhcaynay[pb50!b200!b30!b20][iub14][J7724864,Y]&listNum=1



To: Susan G who wrote (23457)10/23/2002 5:51:03 AM
From: lee kramer  Respond to of 26752
 
Hi Susan: <"...it's not easy to get rid of the bearish bias when our economy is such a mess and headed for more trouble."> Indeed. But just as stocks were topping and breaking down 2-3 years ago when the economy was lovely, it is quite possible that stocks will [continue to] move up as the economy plods along,looking awful. While the CNBC'ers urge their audience to trade the economy, we rebels trade stocks. Keep up your great work.



To: Susan G who wrote (23457)10/23/2002 9:35:02 AM
From: MulhollandDrive  Respond to of 26752
 
So I guess we can call this type momo cup and handles <<

hi susan....

yep...

and when the momo is nomo theygo<g>

it will be interesting to watch if the short covering gives the momo's the necessary ammunition to keep the rally alive...if so, j6p will finally buy and well you know the rest of the story...

:)