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2 replies to this topic
Posted 14 January 2009 - 04:37 PM
easy chart to read and shows we completed the right sholder today at the root/phi (1.27) extension of the 42 (2X21) 10/10-11/21. the close above that 10/10 momentum low was a good sign. meredith whitney dumped her expected load and mariab was ranting bearish all day.
Posted 15 January 2009 - 06:03 AM
. nota bene: the triple bottoms of 10/10 and 11/21 and 1/14 have declining volume, a classic final low signature, PLUS one could argue a H&S pattern was just completed!