Replies to post #41873 on OPTIONS TRADERS CO-OP

[Wishthiswasmyjob]

Wow... down 16%
and when I check the 6 month, classic H&S pattern.
and the longer term chart shows it could still have a long ways down...

Soo many pattern like this, like MA and V -
huge rises over the past 3 - 5 years and now toppy...
We do see many topping patterns developed here this summer and fall.

A good indicator on them is how far down did they get
during last years drop into Christmas.

MTCH was down to the low 40's after it had climbed to this 57 area in Sept.

[dotnet]

From the day this QE started, its all gap ups and intra day range is so minimal.