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To: Shack who wrote (123423)8/29/2005 9:31:10 PM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
Well, Shack ... for the moment ...

hold on to your SOX. It's there for the making.

stockcharts.com

I wonder if it can pull up the rest of the market on Low Volume. Or .. if it's just an Anomaly on a sideways path. I have to guess it's Up. Volume or Not.

Ray



To: Shack who wrote (123423)8/29/2005 10:37:13 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Any violation of today's low and I am going grizzly.

Yep, it does look like today's low is key support for the bullish case. If today's impulsive reversal doesn't take hold, the bear is probably in charge.

Got to think this over, but maybe - if there is a pullback - a bullish hedge against today's low may not be a bad idea.



To: Shack who wrote (123423)8/30/2005 12:48:27 AM
From: IHateSourCream  Read Replies (1) | Respond to of 209892
 
>>Instead of an abc, it's an abcde wedge.<<

OK, last chart of the day. I figured I'd practice my annotating a little more. <g> I've tried to change the chart to an ABCDE declining wedge as you've described. I think I may have butchered the "E". (I included the overthrow -- don't know if that's permissible.)

stockcharts.com[r,a]dfclyyay[dc][pb50!b200!d20,2!b20!f][vc60][iub14!la12,26,9!lp14,3,3!lk14!lg][j57874771,y]&listNum=1

You and everyone else have been very "gentle" with me today. I appreciate it. Hope you're not cringing at my charts. <vbg>