Where from here…

Posted on Jul 07, 2009 by in Letters

To measure or not to measure, that is the question as Shakespeare said in Measure for Measure. Everyone knows how much we hate to measure formations.  Few know the reason.  Nonetheless it is worth discussing likely implications of the little head and shoulders formation here.  It is 664 points deep with a neckline of 8214 making a likely minimum target for prices of 7549.

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