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

To: Berk who wrote (172173)10/4/2008 11:30:21 AM
From: Henry J Costanzo  Respond to of 209892
 
Yes...trigger in early Jan was break below uptrend line from Aug and Nov lows, as well as break below 50d MA..

BTW I had thought at the time that the move might carry down to the 200dMA...with chart support also at that level...In fact, the down move went much further, and TA did not flash a reversal until March, when, you may recall, a H&S bottom was completed..


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