Short Term Trading Member Forum

[techcharter]

TJWNY, Over-exagerated conditions.

I don't think conditinos are as over-exagerated in the US as we might think. Kay-Bee toys has filed bankruptcy this week. Conditions have to be really bad for a toy store to go out of business during the holiday shopping season. AND, this is the second bankruptcy they have filed in the past 6 years.

I think people are still in denial in the US that they can afford to buy things that they really can't or shouldn't.

www.elliottwave.com has material describing flats and triangles. it's graphic, so there is not enough space to describe it here.