John could you back this up with a link because I do not see a triple top breakout at all. I agree with efen about the resistance levels but I personally think this is a prime opportunity to take some profits and I am selling into this over bought market. Money managers on WS are afraid to miss out on the next rally on the upside IMO... they are pouring huge amounts of cash into the market at the wrong time. I'm NOT a believer in the V I am standing firm on a W correction. I love HUN but I'm taking some off the table for a temporary setback. This stock is a winner over the long haul for myriad of reasons. I'll buy back after the correction. If I'm wrong so be it, HUN has been a friend indeed.
I concur, I took about half off the table today as well on Hun (now I am on a free roll). I also believe the market is going to pullback and I will gladly buy back my Hun shares at lower prices. Then enjoy the rest of the ride into the sunset as Hun gets acquired. Sounds good on paper at least. ;) If Hun does not go cheaper, I still can enjoy the ride with my remaining shares. No stress investing, I love it!