News Focus
News Focus
Followers 115
Posts 33340
Boards Moderated 2
Alias Born 12/25/2002

Re: None

Wednesday, 03/30/2005 2:28:50 PM

Wednesday, March 30, 2005 2:28:50 PM

Post# of 217880
Unorthodox COMP H&S Pattern Charted

Whether or not this plays out as an H&S is yet to be seen, although it is my contention that we will test 1750 sometime this year. A lot of support in this area would provide a good area for a strong end of year rally possibly by July-Aug timeframe...



This is a change from my 2005 Nasdaq W@G I set earlier in the year #msg-5182309 as I was looking for a deeper retrench, but that may have to wait until 2006 although I am not taking it completely off of the table and the only thing to change in that scenario would be the timeframe...


**Happy Trading**

Your Economy #board- 1948

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today