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To: Henry J Costanzo who wrote (134971)8/2/2006 12:31:15 AM
From: The Freep  Read Replies (1) | Respond to of 209892
 
While I agree it's not a clear H+S at all in LRCX, I'm curious what you might see there, MC, that makes you think it's in good shape? Today's volume was light, yes, but it's got that pointing down 50 dma, the 200 above price, and nothing that to me implies strength. So, I'm curious why you seem to think that it's somehow likely to boomerang upward. I guess from an E-wave perspective, it could launch a iii of 3 up here (since today's low overlapped any presumed 1 up), but forgetting E on an individual stock, what is it that you're seeing?