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To: Henry J Costanzo who wrote (134368)7/13/2006 10:57:28 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 209892
 
Here is my SHLD pic...

ttrader.com

I think the 200ma is calling but would say that 168.1% is calling...
I will be looking to short 149 area, or the 100% fib from the last low.



To: Henry J Costanzo who wrote (134368)7/15/2006 12:11:26 PM
From: wave3rules  Respond to of 209892
 
SHLD indeed you are correct regards the H&S, looks like a good shot at $130 in near future, and more after a potional bounce from there. I will look to add this to my short list on a counter trend bounce. One needs some GREAT charts for shoritng in the weeks/months ahead I figure. I will focus mainly on the Qs and the SPY but always good to have a few select shorts also.


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