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To: The Freep who wrote (125824)11/6/2005 9:52:59 PM
From: Galirayo  Respond to of 209892
 
Beats me Freep ...

That one qualifies as an 8to10NPH .. it may take a Dip but I don't think you can argue with that Up Move. Looks pretty strong .. maybe a little snack ? I think there are better places to get a Bite though.

stockcharts.com[r,a]dhcayiay[pb20!b50!b200!c20!d20,2!f][vc60][ilb14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J5593496,Y]&pref=G



To: The Freep who wrote (125824)11/6/2005 11:52:19 PM
From: skinowski  Respond to of 209892
 
I've been watching RCL... I think it was CS who brought it up recently. Imo it's neither a long nor a short at this time, but the chart is interesting. Prechter and Frost teach that if you have an impulse followed by another - but shorter one, don't think "tiny 3 or C" -- think *1* of 3 or C. (Tiny 3/C's DO exist, of course). So, intermediate to short term the stock needs to be watched.

Now, let's step back and examine the larger picture. The stock had its all time high back in 1999. From there, it came down in a big three-waver, and bottomed in Sept 2001. Since then, what I see is a big ABC up - towards the Dec 2004 top.

The logical assumption is that following "3-3" there would be a five-waver "C" down. In other words, a mighty decline, which would test the (single digit) lows of 2001.

And, caught between the storms and the pirates (and other FA problems -g), the stock just may go ahead and do it..... But - any bearish theories should go overboard above 49.50. (edit - that would "confirm" that a 5th from the 2001 low is most likely in progress).



To: The Freep who wrote (125824)11/7/2005 10:42:50 AM
From: Henry J Costanzo  Respond to of 209892
 
RCL.....Thought we had flagged that as a worthy H&S top possibility ??

Whatever waves you may see, Freep.....looks to me like it has a few interesting little TAish obstacles ahead.......DT from Dec high and another DT from Jul high both still ruling the roost....and....oh......a little R it has to buck from falling and ill-positioned MAs....

EDIT...Had not seen SNS's long post on RCL before posting this.........Would not make any change, though.....vbg