Replies to post #38433 on ajtj99's Market Pulse

[jdaasoc]

RE Economy

I have been talking to a lot of merchants in upscale Somerset County NJ for ad journal placements for a a charity I belong to and majority of merchants same to be saying the basic thing that goes like this "The year was strong, September was the best month, but since Oct. 1st it has been the pits, talk to me after first of year and I see if I have any money that I will be able to make charitable donation". I have gone all the way down the scale from AT&T and Pfizer to the mom and pop shops. Realtors seemed to be most optimistic group.

I think everyone's spreadsheets of sales forecasts may been a little to optimistic.

DELL selling a lot of systems. UPS driver today said half of the 300 packages for delivery were DELL.

[mchjc]

TASR.....Just to be clear, aj.....I'm NOT saying that's not a bull flag......and I'm NOT saying it's not likely to to break up to the norm.....

What I was suggesting was that it can have a pullback before doing so.......And that can happen without destroying the bull flag pattern.

As to...<<inverse H&S inside that flag..>>....not sure I should say anything, aj.....Believe you and I have been round this one before....g

Just let me put it this way....If viewing that as an inv H&S works for YOU....then fine!.....I just don't see it that way, and that works fine for ME!.....vbg