Originally Posted by
Beagle
And just for you TA people I noted in my review of the chart this afternoon we have the very good makings of a head and shoulders pattern about to be completed if you get your 175 support in due course and a bounce to say mid 180's that should nicely complete the head and shoulders and then that gives them what ? over a 90% from memory ? chance of going down from there. Zero EPS growth and down they go to the average of the other banks, about a PE of 13. $1.50 - $1.60 looks quite possible to me. Just as well Winner's bowling club mates got onto the A2 rocket !