Replies to post #29317 on Abet Chichi2 (Chichi2)

[DowDeva]

RCKS,

I have been watching the RUT like a hawk lately, not so much the MID though. The charts/MCO's/McClellan's/etc., look terrific, in conjunction with all that bearish "Financial crises not over, going to get 10 times worse..." on the message boards helps.

Problem is I have been waiting for the Hurst 40 week low to dip my toe in, and it just keeps going higher, lol! Low due this week or next (remember it's a window, not an exact time frame), could even go until early June.

I was surfing last night in preparation, and saw this one. Tell me what you think: XL. Nice cup and handle forming, with diminishing volume and a beautiful intiation spike on the daily ROC that has yet to play out.

Thanks for that reverse Scamman post, it was very interesting. I had wondered a bit about that myself.

Deva