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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: IHateSourCream who wrote (123641)	9/2/2005 5:50:03 PM
From: Galirayo	Read Replies (1) \| Respond to of 209892

[OSX] If I believed in TA .. I think I'd call a Top here. stockcharts.com[w,a]dacayiay[dc][pb50!b200!f][vc60][iut!Ua12,26,9!Uv25]&pref=G

To: IHateSourCream who wrote (123641)	9/2/2005 6:13:52 PM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

Just quickly in ...and out...so just a brief reaction on the run....... First....note that I was not as rash as Shack, and did NOT make a CALL on GOOG. I issued an "alert", and flagged a "possible" put/short/bet opp.....but I am not ready to move on that...yet...As I said.....bears watching...... Next, re volume, I was referring to the specific volume requirements of a H&S formation.......and whether in line with general market volume trends or not, the GOOG pattern meets the requirements of an H&S volume pattern. I am impressed, and congratulate you on your mastery of what I sometimes have referred to as the "indicator soup"....I encourage you to continue with that......but it is not for me (occasionally, I make a little use of it). My "tools" are limited to price, volume, the 50d and 200d SMAs (occasionally the 20d SMA)....and a ruler to draw lines with.........And then, of course, I dabble in EW .....primarily for broad or sector market indexes..........Just quirky me, but thought you should know, since you do read some of my posts opining on stocks....

To: IHateSourCream who wrote (123641)	9/2/2005 8:00:55 PM
From: Shack	Read Replies (3) \| Respond to of 209892

No bets for me, I don't have a real strong conviction. Stocks are all over the place, bullish, bearish or neutral depending on where you look. I'm not convinced we see a wholesale ramp coming, certainly the SOX does not look that good to me in the very near term. I think its going to need another dump before anything bullish can evolve. So here's hoping you all have a great Labour Day (note the correct spelling-g) and we'll see y'all Tuesday, I won't be around much at all until then.