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To: Jack of All Trades who wrote (119420)5/24/2005 4:16:46 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
It could play out that way. I would be stopped out and the 3 up read would be wrong.



To: Jack of All Trades who wrote (119420)5/24/2005 4:22:19 PM
From: Galirayo  Respond to of 209892
 
JoAT .. That scenario looks good to me.

ttrader.com

But even though everyone tells me not to draw on Candle Bodies. I do it anyway. EMC Broke over the Candle Bodies and Closed above them today. It may not retrace much at all. It may not retrace at all. Cross Hair that Doji .. to make sure.
stockcharts.com[w,a]dacayiay[db][pb50!f][vc60][iut!Ua12,26,9!Uv25]&pref=G

CSCO Hit it's 20.00. Now What?
stockcharts.com[w,a]dacayiay[db][pb50!f][vc60][iut!Ua12,26,9!Uv25]&pref=G



To: Jack of All Trades who wrote (119420)5/24/2005 9:47:22 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
EMC.....<<why wouldn't this be the way it plays out?>>

Good question, JoaT...one that I answered a week ago...<G>.......log scale even....lol

home.twcny.rr.com



To: Jack of All Trades who wrote (119420)5/24/2005 10:02:26 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
PS.......More on your EMC question......(per non-EW TA).......If a symmetrical triangle does not break out by 1/2-3/4 of the way to its apex, it is most likely a failure.....(just ask WMT......g)

Your picture IMHO seems to move pretty far into the apex/failure area..... and your last yellow line on the far right would have to point downish, or sideways at best...

I'll be long gone before then....will let you know......lol