Triple Tops?

The indices finally got some of that downside action I've been expecting. The technical damage was a lot worse on the Nasdaq than the S&P though. The Nasdaq looks like it's confirmed a triple top but the S&P is still about 10 points from completing a similar pattern.



I have to post a chart of Google after the very wild day it had today. I knew I didn't like the drifting higher on low volume that the stock did over the last week or so. Now it's looking like a potential double top.


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Quoted

"When I became a winner I went from 'I figured it out, therefore it can't be wrong' to 'I figured it out, but if I'm wrong, I'm getting the hell out, because I want to save my money and go on to the next trade.'" ~ Marty Schwartz
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This page contains a single entry by Michael published on December 19, 2005 8:53 PM.

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