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To: Henry J Costanzo who wrote (143793)4/20/2007 2:38:49 PM
From: rcksinc  Read Replies (1) | Respond to of 209892
 
mc
I can't agree with you on your take of your EW reads. Given the market action I think you have adjusted well to what the market has delivered.
Trying to discern the future is not work meant for everyone, lets be clear about this.

Isn't this still possibly an Irregular Flat, however.



To: Henry J Costanzo who wrote (143793)4/20/2007 2:44:34 PM
From: cybersaavy  Read Replies (1) | Respond to of 209892
 
Breaking resistance here on greater than average volume is TONS while a stop in the high $40's appears fairly obvious.

stockcharts.com

cs



To: Henry J Costanzo who wrote (143793)4/20/2007 3:02:22 PM
From: rcksinc  Read Replies (1) | Respond to of 209892
 
mc
Here is stock that is huge part of the Compx but more so the NDX, that doesn't exactly look ready to make higher highs, bg.

stockcharts.com

In fact it looks to be up against the resistance of its Feb lows.