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To: Shack who wrote (65714)2/7/2003 5:25:50 PM
From: John Madarasz  Respond to of 209892
 
if we EVER get the frigging bounce i've been waiting for i'de like to try that agn about 53 or maybe a little higher on a fake out as it moves up along the bottom of that wedge. The big question is will it wait till the apex to finally make the move...if so thats weeks away

I think everyone has to be on that short, and nervous, holding it up.

well, today was the 27 TD low, and the end of the Bradley Orb High...unless it inverts here. once agn we are right on that linear DT line SPX, on lower vol. glad i missed watching the majority of this sleeper today



To: Shack who wrote (65714)2/7/2003 5:51:17 PM
From: At_The_Ask  Respond to of 209892
 
I think it's a "darling". Somebody must be pumping it. Bound to puke sooner or later.



To: Shack who wrote (65714)2/7/2003 9:23:18 PM
From: mishedlo  Read Replies (2) | Respond to of 209892
 
I asked Brian to chime in on AMGN
Here goes

It busted through it in July, but it was a fake out instead. Can it do it again, or is the 10-year trendline too strong?
tinyurl.com

At both scales, it's getting tight. A break should be easy to see here, and the stops would be clear. But it could break either way.

I would buy on an break up, but I can't take part on a down move - Amgen's two main drugs helped someone very dear to me recently. Wouldn't be right.

Brian