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Imperial Whazoo

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Imperial Whazoo

Re: Ex Blockman post# 145076

Wednesday, 11/30/2011 2:45:50 PM

Wednesday, November 30, 2011 2:45:50 PM

Post# of 312030
Hey blockman -

You think the p[unch thru today is a break above the yellowline or is it stilljust towying with it?

I believe that, when a pennant like this gets probed mostly to one side, that the statitistics support the expectation that the side it is repeatedly toying with will pretty soon succomb.

In this case, that means that the yellow line is soon to capitulate and while it is now resistance, it will automatically become support.

What say you?

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."

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