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Old 09-25-2007, 08:50 AM
mrbaseball mrbaseball is offline
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Join Date: Feb 2003
Location: shortstacked on the bubble
Posts: 2,622
Default Re: I think the flag will break down, what do you think?

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Those aren't flags the way I've seen them defined.

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The first two don't look like flags but the last (current one) does sort of. Key is that you don't do anything until it breaks out which would be up in this case. Today's action (down so far) could either ruin or confirm the formation but with this kind of pattern you wait for the breakout. Frontrunning these kinds of things is a fools game.
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