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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?


To: Trumptown who wrote (11364)1/9/2003 12:31:43 PM
From: Trumptown  Read Replies (1) | Respond to of 13660
 
LOL, looks like the right shoulder of a double inverted/upright H&S...an obvious 'buy' signal! -gg

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To: Trumptown who wrote (11364)1/9/2003 1:23:57 PM
From: Joe Smith  Read Replies (1) | Respond to of 13660
 
Starting to wonder if the really bullish scenario might play out with the December 2 peak just the top of the left shoulder and the head yet to go. Not playing that until we convincingly get into the upper 1400's though.

That would also fit with 10/11 through 12/2 being A with B ending on 12/31. If C=A, then we get to 1725 before this plays out. I still do favor that we are on the right shoulder and this is 2 up in 5 waves down from 12/2.