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Re: STK - S&P



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Bill Eykyn wrote:

> Hi all Spoo RTers!
>
> Thought this .gif file might be of interest.   If the pattern holds and is
> worth anything, then it may be of some value for tomorrow.
>
> For everyone else - newbies in particular -  it is a good example of a 1,2,3
> and how support, once broken, becomes resistance.
>
> If we are not careful, we could be getting something like this on the Bonds.
> If we hadn't had such a piddling range day today, it might well have done
> it.  Now, we may have a couple more days like this, then on 1st May and the
> Employment Report, we could have a down day of all days (rather like poor
> old Britain had this time last year, when Mr Blair promised that his New
> Sleeze-Free Labour would act like a Tory government for the first term and
> then become a real Socialist one, in the second term!!  - sorry any
> Englishman will know what I'm saying...  and how it puts a whole new
> dimension on a 'down day'!!
>
> Anyway, a 1,2,3 is a good pattern and usually works more times than it
> fails...
>
> Bill Eykyn

Greetings Traders:

This is another alternate way to look at Bill's "1,2,3".  Regards.

Have a good one
Jeff Harteam
Hong Kong

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