7 replies to this topic

[mss]

Think we get a small pullback, then a slight up trend. The 2 charts show the boundres as I see it.
Things can change and only TWT.




Comments always wecome,

[Rogerdodger]

Good one Mss.
I put that little channel onto IYB's 4 year chart.
The angle of descent of the channel is much less than it was in 2000.
1200 looks like a possible battle zone and should prove/disprove if the top is in yet.
And it would make a nice H&S if it stalls there. (Which would probably be a trap.)
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$spx,uu[g,a]whclyyay[d19990224,20050526][pb55][vc60][iuah12,26,9!ld20][j42930244,y]&r=0070.png

Edited by Rogerdodger, 26 May 2005 - 08:47 AM.

[Chart Guru Doug]

Think we get a small pullback, then a slight up trend. The 2 charts show the boundres as I see it.
Things can change and only TWT.




Comments always wecome,

<{POST_SNAPBACK}>

I am pretty much with ya MSS, cool looking hands ya got there.

I started out with nothing and I still have most of it left.

[Rogerdodger]

I started out with nothing and I still have most of it left.

HEY! That's MY line!
(Which I stole from somebody else who was broke.)

I would put some cool hands on my chart but they cost extra.

Edited by Rogerdodger, 21 May 2005 - 06:46 PM.

[mss]

I would put some cool hands on my chart but they cost extra.

<{POST_SNAPBACK}>

FREE THIS TIME

[Chart Guru Doug]

Maybe this ends up being a triple top. I am thinking 1225 on spx, will see.

I am stealing these from a crabby women email
[COLOR=red] Stress is when you wake up screaming and you realize you haven't gone to sleep yet! [COLOR=red]

Edited by Chart Guru Doug, 21 May 2005 - 08:53 PM.

[Rogerdodger]

Mss thanks for lending me a ....hand.

"Stress is when you wake up screaming and you realize you haven't gone to sleep yet!"

I've been there. It's when there was a teenager in my house and it wasn't me!

Insanity: a disease you catch from your children.

Edited by Rogerdodger, 21 May 2005 - 11:41 PM.

[mss]

Maybe this ends up being a triple top. I am thinking 1225 on spx, will see.

<{POST_SNAPBACK}>

GD, at first I did not think it would go above 1198+/- but after reviewing my charts tonight, I think we will go to your 1225, pullback maybe, then to 1240+/-. At least that is tonights outlook may change tomorrow.