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To: Henry J Costanzo who wrote (199621)9/12/2012 5:46:00 PM
From: hawkeyefan  Respond to of 209892
 
I tend to agree. Too bad for you. -g-

I think we completed a double zigzag off this morning's high. Only thing that makes sense. A zigzag fits a "ii" well.

This is not what I expected for this time frame but I won't argue.

We will know soon.



To: Henry J Costanzo who wrote (199621)9/12/2012 6:08:48 PM
From: kckip  Read Replies (1) | Respond to of 209892
 
Thoughts on a potential inverse H&S for IBM since May? MM would be around 220-221 if it qualifies.



To: Henry J Costanzo who wrote (199621)9/12/2012 8:06:45 PM
From: hawkeyefan  Read Replies (3) | Respond to of 209892
 
Just to throw out something a little different.

Could we already be in your bigger 4? It could have started early last Friday or early Monday.

The low early Tuesday would have to be the "a" and now we are working on an abc x abc for the "b". It just needs to finish the second "c" up yet. Then a bigger "c" down to match the "a". All this could be a bigger "A" since this is a 4.

I am just posting this in case we see a five waver down tomorrow after an initial rally. I just like to be prepared. I don't like seeing something I wasn't expecting or didn't consider beforehand.

This post might be all for naught.