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Sears Holdings: A "Techinical" Look

By TS on Mon, 2007-04-30 16:18
(via valueplays.blogspot.com)

Sears Holdings (SHLD) is in the process of finishing the rarest and most important "technical analysis" chart pattern, the "humping bulldog." This phenomenon began in June of last year. You will notice on the chart below the arched tail of the bulldog as SHLD dipped until it bottomed in August of 2006. Then came the share price explosion upward from August to November, which represents the "humping" back of the bulldog. Predictably, the stock leveled out and dipped a bit (From November to January 2007) at the peak of the dog's back heading into its head.

CrossProfit on Sat, 2007-05-05 11:19
Title: Zoo Tycoon Patterns

There is no question that technical analysis has its place and that is for deciphering the past, in accordance with your predetermined disposition. The limitations for the future are well known. However, we do use technical analysis for short term trends - very short term. Day traders rely on technical analysis as fundamentals need time to take hold. Short term deviance from fundamentals is essentially technical.

As for the Zoo Tycoon game, here are a few more charts;
Camels Neck - OMTR
Lions Den - IBM
Elephants Poop - GM
Hippopotamus Sway - CAH
Chimpanzees Swing - ESLR
Polar Bears Swim - GE
Cheetahs Perch - ATHR

Disclosure: Not to be taken as a double top or flag pattern comment. This is NOT the opinion of CrossProfit.com. :)

Mark Perkins on Wed, 2007-05-02 01:43
Title: I'm with you about charts

I'm with you about charts just wrote a blog as well that bashes them. I'm not sure about earnings alone for the reason though stocks do reflect company performance and investor anticipation of course. Stock prices can be unpredictable regardless it seems shorter term. I gave an example of coke and walmart over a period where they had earnings growth but flat stock prices on my blog. I'd theorize they had a premium in the shares during the first years.
http://treasurehuntingquest.blogspot.com/2007/04/another-reason-to-stick...

George on Tue, 2007-05-01 07:55
Title: That was funny!

That was funny!