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To: Moominoid who wrote (120211)6/10/2005 3:13:27 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Triangle on GOOG? Hmm... Interesting idea. The first leg of the decline off the top a few days ago looks like an impulse... but it's also true that GOOG eats such impulses for breakfast, and s*its them out....

All I can say is that yes, a running triangle IS a possibility. If I'd be short GOOG - which I never have been - I'd worry about a breakout.



To: Moominoid who wrote (120211)6/10/2005 3:22:06 PM
From: Henry J Costanzo  Read Replies (2) | Respond to of 209892
 
GOOG....I haven't really followed it, David..........Just happened to notice ....scanning through lots of charts...... that it looked very much like it could be forming a little H&S top in this area....