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S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,305.60
(
0.47%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
85.42
(
1.12%
)
Bitcoin
61,556.13
(
1.22%
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techcharter

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techcharter

Re: None

Tuesday, 04/21/2009 11:13:12 PM

Tuesday, April 21, 2009 11:13:12 PM

Post# of 51804
Ewave Lock on Lockheed!!!

Motive Wave Decline AUG '08 to Nov '08

FLAT A: Nov '08 lo to Dec '08 hi
FLAT B: Jan '09 hi to March '09 lo
FLAT C: March '09 to 2009-04-16, a completed ending diagonal

LMT should now sell off very hard in a 2-3 month motive wave.


http://stockcharts.com/h-sc/ui?s=LMT&p=D&yr=0&mn=10&dy=0&id=p22072309817

Just a little cynicism here. Will the media and Lockheed blame short sellers for the LMT share price collapse, even though the Obama administration publicly proposed mil/DoD cuts?
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