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Post# of 72979
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*~1Best~*

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*~1Best~*

Re: 3xBuBu post# 2669

Wednesday, 12/13/2006 2:21:32 PM

Wednesday, December 13, 2006 2:21:32 PM

Post# of 72979
Do you remember that we discussed "Narrow Range" during "Holiday"?

Then, we had a sell-off Monday on 11/27 to make everyone to think that we might get a volatility.

Since then, market was consolidating for two weeks!





Posted by: __1Best__
In reply to: wonderbuy who wrote msg# 2333

Date:11/25/2006 11:17:21 AM
Post # of 2673



NASI H&S looks reasonable since other breadth negative divergences favor a correction as I noted before.

I am looking for a confirmation for a meaningful correction, but as you also noted because of seasonality, a consolidation period would be likely.







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