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To: At_The_Ask who wrote (66500)2/14/2003 3:00:57 PM
From: yard_man  Read Replies (1) | Respond to of 209892
 
no -- down



To: At_The_Ask who wrote (66500)2/14/2003 3:12:49 PM
From: 4rthofjuly007  Read Replies (2) | Respond to of 209892
 
Revisiting Dow inverse H&S>>

The main problem with the structure is the asymmetry of the timeframe for the shoulders. Otherwise, it does not look too bad. Volume at the main pivot points supports an inverse H&S. Decent sized shadows marking the lows of the shoulders. Vix and ADX(14) are at levels that COULD be associated with IT lows.

stockcharts.com[h,a]daclyiay[dd][pb9!b13!f][vc60][iUl14!Ld20]&pref=G

Main thing to look for would be an increase in volume if we head up next week. In addition, I noticed a number of bullish falling wedges that people have been tracking. Taking out the 830 on the S&P on good volume, for example, would be good for the bullish case.

Here I go again marking another top.<g>