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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.53+0.2%Dec 2 4:00 PM EST

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To: HairBall who wrote (40701)2/18/2000 9:54:00 PM
From: coug  Read Replies (1) of 99985
 
Hi Michael,

I know enough about H&S to get in trouble. So here goes. It looks like we could be forming the "mother of all H&S patterns" about now on the SPX.. Currently we are forming ole Uncle Al's right or left ( depending on if you are a head or behind him, but that's another story)) ear.. A little rally early next week to take away some fear!!! to FORM the ear. Then down,, to 1200-1300 to mush around all summer, an uptick in August for those padded Suits, Here's to all the Suits,... And then DOWN along those arms to.......

207.61.23.98

EDIT, wrong link, above seems to work for SPX, if not plug in SPX

So far it's playing out like I expected

BWTHDIK...... coug
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