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

To: Berk who wrote (172171)	10/4/2008 10:52:51 AM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

Good morning, Dick Trigger was series of negative technical developments early Sept: On the 3rd, break below short uptrend line from Jul and Aug lows, and break below falling 50dMA...On the 4th and 5th, break below 200d MA...on the 8th, break below more important uptrend line from Feb and Jul lows.. As I think I've posted, believe we're in an important support area now...and that we have met the measured move implied by a bearish pennant...BUT there are as yet no technicals signaling any reversal..