[badcharts]

Hi,

I did this analysis for corning. At the time it was in early stage 4.

https://twitter.com/badcharts1/status/97...45601?s=20

Regards,

Patrick

Yes, but: don't forget that in Stan Weinstein method, you should short stocks that had huge uptrends (hence, hugely overvalued). In addition, you are going to short a stock while we're not in a bear market.

I agree with you on the fact that this (French) stock didn't have a really strong stage 2. But still, I find its bearish pattern very interesting. That's why I decided to short-sell that stock.

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... it's like CORNING INC. on the New York Stock Exchange. I really do like its bearish pattern :

http://www.charts.hebfree.org/GLW_phase_3.html

... with a very weak relative strength (compared to the S&P 500). That's why I also short-sold that one too.