"Breakout"
Started by
samsung
, Aug 27 2008 11:51 AM
2 replies to this topic
#1
samsung
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- Traders-Talk User
- 307 posts
Member
Posted 27 August 2008 - 11:51 AM
SPX breakout of decending triangle,,, is it up, up, and away this time
#2
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 27 August 2008 - 12:13 PM
there is no break out from where I stand yet...ES would have to crack 1292.50 ....and even then I'd be careful....slight breaks of TL's have been fake outs.
#3
milbank
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- TT Patron+
- 4,714 posts
Member
Posted 27 August 2008 - 12:21 PM
Already looks/feels like a stall out. Will wait for a drop and then a beginning of a move up to re-enter IF the move up has a continuance.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
