|
PureBytes Links
Trading Reference Links
|
Bill,
I noticed that too, but as another astute investor (Earl) saw the volume on
the right shoulder is larger than on the left, so be careful about this "topping
pattern" and getting too bearish. Could just be a minor wave 4 of big wave
3 (not a big wave 4) in a continuation pattern? Minor 4's screw more trades
up, I have learned to respect them (Vs predicting a big wave 4).
don ewers
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=t-bondtrader@xxxxxxxxxxxx
href="mailto:t-bondtrader@xxxxxxxxxxxx";>t-bondtrader
To: <A title=realtraders@xxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxx";>RT
Sent: Wednesday, January 10, 2001 2:00
PM
Subject: [RT] H&S on the Bonds
I reckon the attached gif looks as if we have
reached the point when a H&S pattern on the bonds is set up to
break. Gotta be worth a punt with the puts. Anyway, if it
breaks it should mean that there is a decent rally on the Spoo, which might
cheer up a few of the bulls on the list - even if it only turns out to be a
retracement from which the bears can sell more...
Whatever else that is a good two-bar reversal,
eh?
Any thoughts anyone?
Bill Eykyn
To
unsubscribe from this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxx
eGroups Sponsor
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxx
|