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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (195905)4/10/2009 11:37:03 PM
From: Les HRead Replies (3) | Respond to of 306849
 
October, November-December, and this rally all appear headed for the 23.6% retracement level from the all-time high in October 2007.



To: ajtj99 who wrote (195905)4/11/2009 11:04:30 AM
From: GalirayoRespond to of 306849
 
>>In bear markets, H&S tops rule. In bull markets, inverse H&S patterns rule.>>

I agree .. those are the H&S "Continuation" formations. The ones MC and I argued over. Ahhhh HAaaa the H&S as a continuation formation .. They Do exist !! ;)

And then there are the H&S Reversals. An IH&S Reversal requires a lot more time and a Extreme Volume on the Right Shoulder.

We're no where near that Time Duration yet. imo

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