re: rip sen..blind freddiechart rept H&S pattern can be as much...

re: rip sen..blind freddiechart rept H&S pattern can be as much a continuation pattern as a reversal...

esp when it was such a decent way down from the top.

The key is.... does strong support emerge at the neck line.... If so then it could be expected that the tops of the shoulders will be tested...

Today ended up with some buying urgency..
Some good volumes going through..

It is on the basis of the weekly and monthly charts
That I am positive ..

Everyone can see the same lines and patterns on these charts..

There has been talk of manipulation

What are the tools of manipulation..

information, price & time

but at the end of the day
If people want stock ... they have to produce Volume

If the news is uncertain...but "they" buy ?
If the price looks like falling .. but "they'' buy ?
If it is taking too long ?

information, price patterns ( easy to play with the short time frames... not the long )
time... something about a horse for someones kingdom ?

look at the daily , weekly, monthly and even Qtrly..

look for where the real support is and where the real turning points are

trends speed up and slow down

so become an expert in P&F ( I try ! )

one of the few charts that alters It's time frame
as the action does..

I was looking for buy points today
because I was anticpating support to continue..


imo the sellers are a given atm
but the buyers keep turning up and then easing off..

today was classic

all of a sudden the smoke will clear
the smoke of uncertainity

price time and information will all match up
and We will all KNOW...( but only for certain in hindsight )

when or what i can not say..

and "they''might be real or imagined ( does not matter
opportunity is created afresh in every moment )

We are always our own worst enemy..

It is only ourselves who buy and sell at the wrong time..

The bigger picture atm looks more than ok to Me ..

But nothing certain

just some thoughts of the moment..

motorway