Replies to post #37319 on 8000 Incorporated (EIGH)

[BearRifle]

Exactly. Takes months. Look at the CHART here

This pattern is months and months in the making. It's a flag that may take some time to correct and get back on the upward trend. The team is on EIGH like white on rice. That alone means it will have a general uptrend on the large scale. Look at the big picture. This current downtrend has a predictable pattern that we shouldn't ignore. If you wanna flip stocks, go somewhere else, but lock your money here and walk away for a while. (imho)

Textbook Flag Pattern

See for yourself :) (Not the Pennant, but the Flag example on the bottom of the page) http://stockcharts.com/help/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continu

Get ready for a move up! (imho)