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Strategies & Market Trends : Chart Formations

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To: Cola Can who wrote (269)	9/19/1999 2:58:00 PM
From: sean sanders	Read Replies (2) of 967

CC and All, I thought I would point this one out because it looks interesting. First let me say that I am already invested in this on the short side (bought some puts on 9/1). Besides that ... here is the reason I am pointing this out. Right now it looks like it will form a nice H&S. Now maybe I am jumping the gun a little but volume seems to be ok; although I would have liked to seen a little more volume in the head then there is. I still wouldn't be surprised to see it go down to the 85 level; this was my far target. What do you think? Sean

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