[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[RT] head and shoulder pattern/a market letter with permision



PureBytes Links

Trading Reference Links

 

March 13, 2006
Are We Topping?

In This Issue:
I. Market Commentary
II. Charts
---- QQQQ (Nasdaq 100)


.

I. Market Commentary

The chart below sure looks like one big scary Head & Shoulders top.  Its quite clear that IF we breakdown from this patter, we are going to be in for a rough patch.

Now, the keyword is to remember that we only turn bearish IF we breakdown.  It could easily evolve into something else.  You can't make predictions about these things, you've got to observe and react to what IS happening in the market, not what you think is going to happen.

II. Market Charts

 
 




***********************************************************************************
 

.

Disclaimer
Hot Stix is not a registered Investment Adviser or a Broker/Dealer. Readers are advised that the report is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. The opinions and analyses included herein are based from sources believed to be reliable and written in good faith, but no representation or warranty, expressed or implied is made as to their accuracy, completeness or correctness. Owners, employees and writers may have positions in the securities that are discussed in the newsletter.

Readers are urged to consult with their own independent financial advisors with respect to any investment. All information contained in this report should be independently verified. Please note that we are taking no compensation of any kind and will never take any compensation from any companies that we mention in this report.

You may distribute small sections of The Hot Stix Weekly Report, as long as it
You may join the Hot Stix, Inc.

Hot Stix, Inc.
6230 Wilshire Blvd., Suite 49
Los Angeles, CA 90048

Copyright Hot Stix, Inc., 2005
All rights reserved

 


 
No virus found in this outgoing message.
Checked by AVG Free Edition.
Version: 7.1.375 / Virus Database: 268.2.2/280 - Release Date: 3/13/2006