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To: Shack who wrote (93502)3/18/2004 10:48:51 AM
From: jjstingray  Respond to of 209892
 
That is an excellent setup and has proven perfect. Just a perfect textbook move. Wedge breakout, throwover test, and then a launch. Great play.

stockcharts.com[w,a]ehclyyay[d126][pf][vc60][ilb5!lb14!lh5,5!li10,10!lp14,3,3!la12,26,9!ll14][J23092124,Y]&pref=G

Looks like it is completing the iv of the impulsive move up.



To: Shack who wrote (93502)3/18/2004 10:58:44 AM
From: jjstingray  Read Replies (1) | Respond to of 209892
 
Shack, with the move down today in Sears, it is beginning to look like impulsive down. If my read is right, this is going to be an excellent short in about 10 days or so.

stockcharts.com[w,a]dhclyyay[dc][pf][vc60][ilb5!lb14!lh5,5!li10,10!lp14,3,3!lah12,26,9!ll14][j27638689,y]&listNum=1