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To: jjstingray who wrote (476)5/14/2008 8:12:30 AM
From: AllansAlias  Read Replies (2) | Respond to of 3209
 
A couple of small things:

Bobcor:
You said: "Looks like JPM is taking another trip back into the expanding triangle now".

Just to be clear: it never left, or, to put it another way, it did not go "back into". It tested the top imo and was turned away.

jj:
It must be said that the pattern you posted is only a potential wedge, as it would require that other swing upward to make it a wedge. Again, I know you know, but I wanted to make it clear.



To: jjstingray who wrote (476)5/14/2008 11:04:49 AM
From: AllansAlias  Read Replies (4) | Respond to of 3209
 
I am cashing-in the long. I am now 100% in fixed/cash. Nasdaq composite at 2519.

My long is tech heavy, so I am going on that rather than non-tech (e.g., the bullish $XMI flag). This might not be the top, but I have a strong feeling it is dessert being served here.