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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Challo Jeregy who wrote (31116)	4/22/2012 1:42:14 PM
From: Challo Jeregy	Read Replies (3) \| Respond to of 224407

TA question wrt the post re BAC, that I am replying to -(sorry, GZ. Hope you don't mind this question on your thread.) how deep should the "handle" (in a cup w/handle pattern) fall? Is there a "rule" that it can drop just so much before the pattern changes? Although the daily chart on bac looks bearish, the weekly doesn't - in fact, the weekly looks very much "cup-and-handle-ish" stockcharts.com and, again, the xlf doesn't look bad - stockcharts.com