Wow, thanks for that lesson! I didn't know half that stuff, I just knew it was a rare bearish formation... Great post!
I made some $$ on FAST Puts a while back cause I recognized the pattern from that DOW monthly :)... I wonder if that Monthly will play out like FAST? Yikes!
So I haven't used that pattern much in my life and I am really wondering if it "holds true" for such a long look? I mean we're looking at years here and not just weeks or months ...... I haven't looked into it enough - anyone have experience using this pattern for an instance/pattern like this over such a long time frame???
I need help :)
This is my last available post today - will check in tomorrow morning.....one last thought though ..... I remember talking a year or 2 or 3 ago about when the earth/ground becomes hydrophobic .... did we give any plays associated with that? With the rain coming to Cali (finally) I expect some issues .........