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Strategies & Market Trends : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (589)5/4/2003 9:23:01 PM
From: the-phoenix  Respond to of 941
 
John: You also like to watch paint dry, correct? Made the mistake of buying puts on LEH a year or so ago. While I had the direction right, it was so slow to move, my puts expired worthless.

Given the charts of JPM and AXP, as you mention, it is probably worthwhile to look at these others. Will do.

Thanks,

P



To: John Madarasz who wrote (589)5/4/2003 9:46:30 PM
From: the-phoenix  Read Replies (1) | Respond to of 941
 
BKX looks like it could go to 850 area before hitting serious harmonic resistance:

share.esignal.com

Now that it has broken out over the Triple Top, this would be the next major resistance zone, IMHO.

Did not see any patterns in LEH,BAC or LM.


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