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To: jjstingray who wrote (131357)3/28/2006 11:20:56 AM
From: cybersaavy  Respond to of 209892
 
Updating MIDD as the recent decline appears now to be a fully developed fiver off the top. The question becomes whether this is a C down of an expanded flat correction or the beginning of something else.

ttrader.com

cs



To: jjstingray who wrote (131357)3/28/2006 11:40:13 AM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
HD.....Well, jj....IF that IS shaping up as a H&S, looks like it must be a midget being held up on somebody else's shoulders.....LOL

The head would only measure about 1.20 points high above the neckline....so IF it broke the neckline and turned into a real H&S, HD would only be falling back to about 41.50. That's about where the 50dMA is today...and where the last UT line from Feb is now...........

I doubt very much there's any H&S in the picture........but IF so, wouldn't look to me like it would be any big deal.......gg



To: jjstingray who wrote (131357)3/28/2006 12:25:09 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
Put down the bong.-vbg