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Strategies & Market Trends : DAYTRADING Fundamentals
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To: TraderAlan who wrote (2047)7/25/1999 3:55:00 PM
From: Bilow  Read Replies (1) of 18137
 
Hi TraderALan; Regarding the head and shoulders pattern... I posted to someone recently that H&S usually is associated with a decreasing volume. That is, volume should peak at the left shoulder, should peak a little lower at the head, and be lower still at the right shoulder.

Am I all wet? I can't seem to find a reference as to what H&S mean with regard to volume. It is possible that I am thinking of the volume decrease associated with a triangle...

Thanks,

-- Carl
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