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To: The Freep who wrote (119758)6/2/2005 12:41:53 PM
From: skinowski  Respond to of 209892
 
3M - as I'm sure most here noticed - is building a potential H&S starting since 2003. If this thing "works out" - forgedaboudit... That would be one heck of a 3/3.

And a "failed H&S" is, of course, a great bullish setup. Either way the move would be substantial, no need to rush.



To: The Freep who wrote (119758)6/2/2005 12:52:09 PM
From: Henry J Costanzo  Read Replies (5) | Respond to of 209892
 
SMH.....I had said that I was looking for SOX to hit 445ish before a 4 pullback, and I guess that would correspond to about 35ish SMH which is about where we are. Have not followed SMH enough to know whether it would make any sense for it to travel relatively higher than the SOX here....(and FYI I hold no religious beliefs re triple tops....g)...But a pullback definitely in the cards IMHO..............................Strong, leading, SOX this AM may mean the up has a little more time.

OSIP.............as you may have noticed from my whining yesterday re DNA..........the bios completely bamboozle me.....Think I have a psychological block somewhere.....g

And MMM 75-78 range goes on forever,,,,It's passed the bounds of a normal flag/pennant.......and faintly showing signs of preparing to move......UP??