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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (139812)	12/31/2006 1:34:10 PM
From: 2MAR$	Respond to of 209892

"The Last Wave" in other words no more endless summer for GS ? ;-) Kind of chiding myself for not taking the GS short on the am pop friday with all that resistance displayed there @ 204's and a little lower lately and falling back routinely ...while these choppy but reliable patterns are in play one can rack up quite a few points equalling a good percentage of the entire previous runnup One instance of this was for WYNN after it peaked just under $100 which for almst 9 trading days in a row every am pop into the OB on the 3min got sold off every afternoon like clockwork with insiders & longs locking in profits ..see this on 60min chart . Until the recent bounce.... Of interest on GS , this fellow James D. Hardesty, president of Hardesty Capital Management he " may sell some shares of Goldman Sachs and take some profits from its run up this year to nearly $200 a share" investorshub.com