Archie's Corner

[mmayr]

Arch. . .sometimes longer formations of that chart pattern will be called "Saucer-with-a-handle" formations. I call them "Cup-with-a-handle" formation if the charts have a pattern in that groove that shapes itself in less than 1 year. I call them "Saucer-with-a-handle" if the formation is longer than 12 months. The definition will vary in accordance with one's technical approach. Take a look at the "1-year" chart on TSCM. It appears to be ready to form a BIG "handle" formation. Could make a good run in the first quarter. Lets watch and see how the philosophy unfolds

Keep the Faith!

M&M Man