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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone) -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (721)11/15/2002 4:28:41 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 2852
 
<<Does this look bullish for NWS:>>

Now don't press me too hard, DS -- would hate to fall flat on my face.....as I often do.....

Certainly HAS NOT been behaving bullishly over the span of that chart.....BUT, think a case can be made that it's been bullish since Oct. ...

What I have had trouble with is the H&S possibility you''ve been seeing - at a time when people all over the threads were seeing H&S's all over the place and I had a hard time seeing them. In the NWS case, as in several others, I just don't believe that the required elements for H&S were there -- particularly the volume pattern.

Guess these kinds of differences are what make markets. Good luck on your shorts