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Re: JC$ post# 9758

Thursday, 12/06/2007 7:45:39 AM

Thursday, December 06, 2007 7:45:39 AM

Post# of 137667
To answer the question of the cup and handle bull reversal, here is a chart redsoxnumba1 did yesterday for someone else on SHCM...

http://investorshub.advfn.com/boards/read_msg.asp?message_id=25063660

The problem at this point is the handle is extending down too far and it broke the all-important .009 barrier. With that one broken, we're only a hair away from going all the way down to the .005 - .006 area. If support doesn't hold where we're at now, we fall.

Don't want to be negative at this point but without news it may go down further.


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