B4 The Bell, Turdsday April 22
226 replies to this topic
Posted 23 April 2004 - 06:57 AM
Thank You, Crapper.
In my current state (sumthin' todo with rule #5), I overlooked the obvious. To be a bullish reveral pattern, it must reverse a bearish trend. Coming into the inverse H&S there was no downtrend.
This is one great board!
Posted 23 April 2004 - 07:11 AM
SJ, I see a very very clear one on the DAX and similar patterns on the SPX, NDX,etc. Remember the DOW and DAX may have perfect patterns but the pattern does not have to be perfectly formed with trendlines touching,etc.
Not saying I am right, however we will c. Remember too that I am expecting a **wave 5* type bullish move hence I do not expect the usual confirmations of the transports, a/d breath, the SexySOX ramp, blah, blah, blah
Thanks for the feedback , I appreciate it.
The Daily Stool - Stock Market Message Board