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Re: youaretheone post# 83712

Thursday, 06/25/2009 7:21:16 PM

Thursday, June 25, 2009 7:21:16 PM

You,

I am not denying anything. I am not a bear nor a bull. Just that the probability of up direction is higher than down at this time. Again, as I have said, my A/D issues work kind of fall in sync with the T Theory. Therefore I am leaning towards that. Now a H&S formation is a turning point formation. If you have read Hurst's book you would notice that a H&S is just cycles formation within a turnng envelope. Right now I am not convinced that a turning point is at hand. I may post a chart later tonight.

good luck

2bit

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