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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: chichi2 who wrote (99543)	12/9/2008 11:28:26 PM
From: poooldar	Read Replies (2) \| Respond to of 100058

Chichi2, in your opinion, are we forming the right shoulder of an upright head-and-shoulder formation that is the reverse of the pervious head-and-shoulder just to its left? This would provide for a break to the up side followed by a collapse as you predicated. Perhaps, the new head-and shoulder will have a longer head to neckline depth which will take it below 2008 lows or at least test them. Or, its too early to tell? TIA