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To: LTK007 who wrote (358602)2/20/2008 6:23:41 PM
From: NucTrader  Read Replies (2) | Respond to of 436258
 
Someone on a different thread was noting how the market has been hugging the mid-BB, saying it was UNUSUAL, and they'd noted from past experience it was a WARNING a big move was imminent. They and one other poster noted the FIRST direction of the explosive move, when it came, was almost always a fakeout and the actual move would be in the opposite direction. You're not the only one seeing "something big" in the offing, FWIW...



To: LTK007 who wrote (358602)2/20/2008 7:27:30 PM
From: stomper  Respond to of 436258
 
There's been a triangle building for a few weeks now in the SPooge. But isn't the deal that the longer it takes to bust the pennant, the weaker the move regardless of which way it resolves?

-dave


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