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To: Shack who wrote (117580)4/26/2005 9:29:59 AM
From: The Freep  Read Replies (1) | Respond to of 209892
 
DNA about to have its third huge move up (though one was NOT a gap as the news came out intraday). That is one bizarre chart. Still, this'll bring the BBH up to some new highs as well. Interesting indeed.



To: Shack who wrote (117580)4/26/2005 10:24:25 AM
From: Perspective  Respond to of 209892
 
WY broke that TL. Think we should fade a retest from below:

stockcharts.com[w,a]waclyiay[pb50!b200!f][vc60][iUb14!La12,26,9]&pref=G

BC



To: Shack who wrote (117580)4/26/2005 11:07:29 AM
From: tjkong  Respond to of 209892
 
Oh, I see what you're saying now. But can the legs of an ED wave 5 be that much larger than the preceding 4 waves? Apparently, your answer is yes.



To: Shack who wrote (117580)4/26/2005 12:40:09 PM
From: Henry J Costanzo  Respond to of 209892
 
Per our discussion, when you get back, take a look at PDLI and HGSI..

As I said to you re PDLI: <<From TA point of view, looking as strong as......maybe stronger than.....HGSI.>>......and so it seems....



To: Shack who wrote (117580)4/26/2005 12:53:28 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
PS.......Forgot to add......FYI ...BT PDLI on new breakout today.....



To: Shack who wrote (117580)4/26/2005 1:06:08 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
Shack -- I know one of your "bull case" stocks is CAT. I can't figure out what the count is, exactly, but I will say that the move off the low looks to me to have ending in some sort of ED/wedgy type thing... that is now breaking down. It should, at best, stop in the 87s, if bully's in charge. If the bear is here, CAT will go to new lows. It remains a good test case, but to me it doesn't look ST bullish.

Am I missing something?

the freep



To: Shack who wrote (117580)4/26/2005 2:32:48 PM
From: Henry J Costanzo  Read Replies (2) | Respond to of 209892
 
Something more for when you get back....g

SPX...and yesterday's extensive discussion of where it was headed......

We got over that 1164 today...but instead of SPX zooming to the 1170s, it seems to have hit a roadblock.

You think the wave up from 4/21......whatever it was....has had it ???