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To: Henry J Costanzo who wrote (131051)3/22/2006 7:41:15 PM
From: cybersaavy  Read Replies (1) | Respond to of 209892
 
What I was attempting to highlight is that the chart appears to be flirting with disaster particularly with the presumed number of stops sitting just below. Not a dire prediction but rather significant downside potential to be aware of.

cs



To: Henry J Costanzo who wrote (131051)3/22/2006 7:43:34 PM
From: The Freep  Respond to of 209892
 
EDIT: Fine. CS spoke while I typed. I leave this as proof of my mind reading abilities, should anyone question them in the future.

I can't speak for CS, but I suspect he's NOT predicting that. I think he's saying "watch this, cuz the pattern, should it materialize, would portend stuff." But he's sayign it more eloquently.

I love the patterns CS posts, even when he's anticipatory. To wit, if I were a grumbling bear right now, I'd probably short BRCM as a good proxy, since it has a potentially very bearish scenario that I would expect to come to pass IF I were a bear.

the freep