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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Bull RidaH who wrote (26813)9/8/1998 1:01:00 AM
From: flickerful  Read Replies (1) | Respond to of 94695
 
for what it's worth,
the futures have been
slipping slowly, but steadily.

now @ 994.10, the low of the day.



To: Bull RidaH who wrote (26813)9/8/1998 8:51:00 AM
From: HairBall  Read Replies (2) | Respond to of 94695
 
David: I asked this question of Carl last week and got no response. Maybe you have the answer. This megaphone formation is one I am not familiar. What is the expected resolution direction of megaphones say in a downtrend and an up trend! In other words do they follow the trend or reverse it?

Thanks in advance for your response.

Regards,
LG

PS: Do you know of any web sites with explanations of this formation or literature?



To: Bull RidaH who wrote (26813)9/8/1998 11:00:00 AM
From: Arik T.G.  Read Replies (2) | Respond to of 94695
 
Great call, David.

Have you pulled the trigger yet or are you waiting for the i.v. to cool off a bit?

ATG



To: Bull RidaH who wrote (26813)9/8/1998 11:04:00 AM
From: yard_man  Read Replies (1) | Respond to of 94695
 
>>seems to be targeting 1007 to 1016 for the end of this
C of 2 upmove.<<

Whaddya think? We are at 1009. All in a matter of a few hours, too.


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