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To: Clappy who wrote (89671)1/19/2004 3:11:44 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
That's a different wedge. I don't feel the move off the highs is a wedge as you do. There really is no 4th point of contact (the 'd' wave).

In any event I am waiting for some impulsive up to show itself before any long positions are taken.



To: Clappy who wrote (89671)1/19/2004 3:16:01 PM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
I agree with you, but I'm full of doughnuts now <g>

Since today appears to be a day where we have time go over charts with a fine toothed-comb, what does anyone think of COVD about to break up out of the triangle it has been in since its September high?

stockcharts.com[h,a]daclyyay[dc][pb7!b17!f][vc60][iLah12,26,9!Lp14,3,3]&pref=G


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