Kopin Corp. (KOPN) Message Board

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Technology Stocks : Kopin Corp. (KOPN)

KOPN 2.495

+1.2%

2:06 PM EST

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To: John J. Riley who wrote (826)	9/27/1999 9:17:00 PM
From: kinkblot	Read Replies (1) of 1820

It's not exactly a textbook formation. The left shoulder rally is just one strong up day (7/19), and the right shoulder is sort of wimpy and badly formed. Since Kopin was initially associated with M.I.T., I referred to "Technical Analysis of Stock Trends" by Edwards and Magee. "John Magee, an alumnus of the Massachusetts Institute of Technology, approaches the market from an engineering point of view..." The dust jacket has a picture of Magee holding a slide rule. No doubt market dynamics have changed since that edition was published (5th, 1966). That might explain why these patterns work great in the book, but they never work for me. WT

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