News Focus
News Focus
Followers 258
Posts 19732
Boards Moderated 0
Alias Born 10/03/2004

Re: nhguy post# 3257

Thursday, 01/25/2007 4:25:20 PM

Thursday, January 25, 2007 4:25:20 PM

Post# of 51429
THe problem with the double or triple top theory is there has to be an actual pull-back each time. That hasn't happened. What we are getting is a pressuring of the .20 barrier as the bottoms come up on every failed attempt at .20. I don't even have to look at a chart to know what it looks like today. If the bottom holds, breakout is just around the corner and certainly next week. The SP will soon form a new top and hopefully the price will churn its way there to create a very solid rising baseline. Next week should be fun.

doc.feelgoode@yahoo.com

"It ain't what they call you, it's what you answer to." --WC Fields


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today