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Re: frankp3 post# 33173

Wednesday, 04/09/2008 10:32:29 PM

Wednesday, April 09, 2008 10:32:29 PM

Post# of 52118
you asked for overlap.......we got it.....with plenty to spare.....now we have an IED going. .....inverted....lol
or maybe ED stands for expanding diagonal today....

I am watching since my exit this morning....had I used a little wider trailing stop it would have worked out better for me, but considering where I was three days ago, I am ok with it.

As to tomorrow....don't know now.....still thinking on it, but expect to watch for a better clue. Maybe I'll post some action to see if "they" pick up on it and then go in another direction. Who, me, paranoid??? nahhhh

If we get a healthy dip in the morning, then one might conclude that a convoluted fiver up has played out and we are correcting it already and getting ready for the next push up....since I have strong feelings against that, it's probably the right choice. Almost every time I cannot accept a given hypothesis it proves out correct.

Chuck

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=1212838,4&cmd=show,IDAY[N]&disp=e

My charts link is shown in my profile. The charts are usually up to date with my thinking or theorizing, but no guarantees on either.

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