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H-C

09/05/07 1:50 PM

#9147 RE: IamtheWalrus #9146

Good Summary. Lots of good stuff.

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gitonwithit

09/05/07 7:19 PM

#9170 RE: IamtheWalrus #9146

A picture is worth a 1000 words no?

I'd say you're about right, first time in a long while that it's held the 50, that gives a lot of credibility to the other indicators insomuch as this is not just a spike as has happened in the past but a change in trend. IMO.
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I Like Bottom Fishing

09/05/07 10:28 PM

#9176 RE: IamtheWalrus #9146

Nice chart looks like a classic cup and handle formation being made here.
cup with handle chart
http://thepatternsite.com/cup.html