http://thepatternsite.com/cup.htmlIf you are a U beaut chartist...

http://thepatternsite.com/cup.html

If you are a U beaut chartist you may not care about this post. Someone like angry may find it interesting. I think this may be the chart pattern that has Martis all excited. The cup and handle. There is a blemish in the pattern but that is only because of extreme market conditions in mid August. Other than that a perfect c&h seems to be forming. Techincally we have taken a chance getting in at this price as the buy trigger should be about 17c. (another number Martis keeps mentioning). Oh well, lifes a gamble if it comes off then we have a slighty cheaper entry than others will. Watch the vol explode if it hits 17c imo. I just hope the ugly DOW last night is a blip and doesn't ruin the party.

The only thing I couldn't quite understand was calculating the target price. Martis talks of 30c in a few weeks. Maybe he will explain that for us charting L platers.

If the pattern continues we will hit 17c this week and then whammo.

Pray for a dow reservsal monday night.