I've found the bullish falling wedges such as what AMZN/IPMT on the setups list to be most reliable. Followed by the ascending triangles and inverse h/s patterns. The Cup/Handle Patterns tend to be somewhat more subjective and more whipsawed in general although the moves can be phenomenal.
I've got to think as we near our bigger picture targets of 1230 on the SP 500 and 2230ish that we are subject to some correction by mid January...from there we'll have to see how things setup. Bigger picture (on the weekly timeframe) things look very interesting here. Some great trading opportunities indeed!
TJAJ+1, Re: HRT, I didn't find any annotated charts in Plexxus' charts or Robert New's setups. Did find these gallery shots, though: http://stockcharts.com/gallery?HRT What do you see as a pop target, 33-34?
Also, please elaborate on your INTC and QCOM comments...in plain English for the aged among us...please?
tia....jj
PS I don't know how you've done all you do and kept up with the mkt as you do...really appreciate it. My best to the family for the New Year
PPS Were those stomach pains from the motrin? Or, did you eat your usual three pizzas before the game...inquiring gastro minds want to know??? LOL.....jj
PPPS Oh, I seem to remember it was on an empty stomach...for you that would be only two pizzas?...rotfl....you are an amazing man and much enjoyed and appreciated....jj