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To: Henry J Costanzo who wrote (135450)8/10/2006 12:55:50 PM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
mc, I'm also disappointed with today's NGS selloff that is apparently related to its earnings report yesterday, but I'm hanging tight.

But if you note it is now right on the lower trendline of the advance since June. What do you think about buying here? Or would you wait for a return to 13.65 - horizontal support and the peak of the right iH&S?

stockcharts.com



To: Henry J Costanzo who wrote (135450)8/10/2006 12:57:44 PM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
[NGS] Not sure .. I know your VooDoo doesn't subscribe to the 144 but there is also that Horizontal consolidation which coincides with a fib (usually) near ...say 18.50ish which it never made it over.

stockcharts.com

NGAS already back tested it. Same Horiz line but not as much congestion.

stockcharts.com



To: Henry J Costanzo who wrote (135450)8/16/2006 10:30:27 AM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
[NGAS] That little Symmetrical Triangle is compressing on the 144dma.

I'd call it a Pennant but I'm familiar with your time frame 'Quirks'. lol

stockcharts.com