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To: The Freep who wrote (135488)8/11/2006 1:35:56 PM
From: Henry J Costanzo  Respond to of 209892
 
Freep...Agree IMCL H&S raises questions.....that's why I said "if real".. Also, always wonder about validity very long drawn out patterns.......But checked that out again in E&M, and says long-term patterns, on weekly and monthly charts, should be judged the same as shorter patterns on dailys....Of course, zero target very questionable..Holding flat today, so still doesn't look like it's broken the neckline and confirmed the H&S.....Posted the chart last night as a fun, interesting thing to watch.

Re 3 up.....who said this is a 3 up ??.vbg

And my voodoo assigns no particular meaning/significance to weekly closes.

Broader indexes now testing Wed/Thurs lows,,So far holding....and getting some positive divergences my favorite indicator souper..RSI



To: The Freep who wrote (135488)8/11/2006 1:45:14 PM
From: Galirayo  Respond to of 209892
 
[QCOM] Somewhere between here and 30.00 ??

stockcharts.com



To: The Freep who wrote (135488)8/11/2006 1:57:59 PM
From: Henry J Costanzo  Respond to of 209892
 
If your comment on QCOM indicates that you're watching to go long, Freep, I'd respectfully suggest you fuhgeddaboudit...vbg.... Oh, may have a few scalping points in it here and there...but looks pretty ominous..



To: The Freep who wrote (135488)8/11/2006 3:10:53 PM
From: Henry J Costanzo  Respond to of 209892
 
OT

FYI... been trying to round up the PPT before they all leave for the Hamptons..LOL