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

To: Henry J Costanzo who wrote (129071)	2/5/2006 11:55:50 AM
From: The Freep	Read Replies (1) \| Respond to of 209892

Interesting, MC, that you'd be talking about HD -- a stock well below it's falling 50 dma and currently below its 200 dma (which is rising, it's true). Admittedly, Friday's low was a great 61.8% retrace of the rally from the Sept low to the first 43.2 high, but I'm curious, given your dogma, what attracts you to HD? the freep PS. the wedge possibility looks nice on the weekly, too, which as has been yakked about here could be going into a powerful move up....