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To: ajtj99 who wrote (119375)5/24/2005 11:58:33 AM
From: Shack  Respond to of 209892
 
I'm only playing the weekly. Looks like a clear (iii) of 3/C up to me.



To: ajtj99 who wrote (119375)5/24/2005 11:59:54 AM
From: Henry J Costanzo  Respond to of 209892
 
EMC......My problem was that EMC never hit 13.60 over the past 4 months...so guess i see your "shelf" as being nearer to 13.39-13.47...

Agree DT line - which is the upper line of that huge triangle I've been pointing out - may stop advance briefly, but tend to agree with Shack that this a 3 up, which should approach 15 (in order to exceed the 1st wave up), and doubt very much that a 4 pullback would go as far as 13.60.......JMO......g

EDIT....I see that Shack says he was talking weeklies........my above was based on the dailies....



To: ajtj99 who wrote (119375)6/1/2005 10:57:48 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
That's only 7 turning points, aj......Not sure I want to stay in a stock which has such limited predictability......lol