Monday, April 20, 2009

XBD Wedge: Doing It's Job


even tho it was all the web, the pattern rang true.

3 comments:

Greenlander said...

Sometimes it pays to be contrarian sometimes pays to be part of the herd

Stewie said...

10% of the time, the herd is right :-) The funny thing is i posted this potential wedge early last week but removed the potential as we tacked on new highs. i kept looking at it all week but i had my doubts about when i saw it on every blog. that made me nervous of it's outcome.

Anonymous said...

Yesterday Bears were very sure the Ending diagonal was going to take the market directly to 780.

If it's just a simple uptrending channel??

http://img258.imageshack.us/img258/1908/52608208.jpg

Expect the unexpected..

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