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Author Message  dug Member Username: dug Post Number: 3065 Registered: 07-2005 Rating: N/A Votes: 0 Friday, April 25, 2008 - 01:58 pm:     This is well shaped and goes onto a Consideration List.Could that be a Picasso Cup w/-Handle?Targeting $2ish an All Time High? The recent string of Green Candles perhaps portends a Retrace?Buy using 130ish as a Stop/Point to become disappointed? Worth checking more into GIR's background. Even 'til Jaded. Dig for the sake of it.  dug Member Username: dug Post Number: 3101 Registered: 07-2005 Rating: N/A Votes: 0 Tuesday, May 06, 2008 - 04:45 pm:     ya go on hols for a few days and ya not there to Buy the Danged Researched Contender. Oh well,there's always the retrace or another pick once ya get d'Gist of Method. Even 'til Jaded. Dig for the sake of it.  azworkinit Member Username: azworkinit Post Number: 22 Registered: 02-2008 Rating: N/A Votes: 0 Friday, May 09, 2008 - 01:03 am:     Hi Dug, that picasso cup with handle you mention, what dates on the chart does that occur?. From and to?. I thought I saw it represented in another chart today though not quite sure what it refers to here. Regards Az. Subscribe to our FREE monthly updates Subscribe to regular Incredible Charts updates, with new articles on Trading Strategy, Trading Psychology, Money Management, Tricks of the Trade, New Indicators and the Economy. "Success is a lousy teacher.It seduces people into thinking they cannot lose."BILL GATES.  dug Member Username: dug Post Number: 3117 Registered: 07-2005 Rating: N/A Votes: 0 Friday, May 09, 2008 - 10:00 am:     In the Free Education bit it's described as a Cup and Handle Pattern.I just whacked Picasso in because of the distorted shape. There could be said to be Three[3] patterns.2 shown by the Orange lines in chart and another one maybe forming now from 189 ish ATH.Second one has no handle. The First Bottom line is more "purist" because it has the Handle at one third 1/3rd Retrace 130 to 110.I figure the Base at 70 so to 130=60cents =1/3rd=20cents.Do you follow? I'm not precise to the cent with this sort of thing but as GIR got to 190ish that's completed on target ie 130+60=190. You don't follow these patterns strictly.Targets aren't written in Stone as Have to/Will Happen,they just raise possibilities. cheers. Even 'til Jaded. Dig for the sake of it.

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