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To: Henry J Costanzo who wrote (135078)8/3/2006 1:35:36 PM
From: bcrafty  Read Replies (2) | Respond to of 209892
 
mc, on OMG I was beginning the ascending triangle at the '02 low, and using the '04 top as a high for it to go through for the upper trendline.

If you're not enthused with OMG, I've got lots of other ideas <g>

This week APC broke the UT of its slide since the May top, and major indicators confirm an intermediate term bottom.

stockcharts.com

On the FA side it reported great earnings recently, and it's hard to argue with a PE of 4.

Also, I'm looking to shake a few dollars from DLTR. If it began an ABC off the 10/05 low then A=C should take it to 33.

stockcharts.com

And if it reaches that level, then look at that giant symmetrical triangle from the '02 top . . . . .

bigcharts.marketwatch.com



To: Henry J Costanzo who wrote (135078)8/3/2006 1:57:25 PM
From: Shack  Read Replies (3) | Respond to of 209892
 
Speaking of an H&S in Energy, the OIH looks like it completed an ED in the wiggles in the past week and is now heading down. Is the OIH daily H&S real? RIG sure looks it.

And speaking of ED's, the SPX is working on one over the last week in the wiggles,a few more points and its done, then we can get on with this bear.-vbg

If it keeps going I think we blast off.