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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Paul Shread who wrote (23485)	5/24/2000 2:32:00 PM
From: Robert Graham	Read Replies (1) of 42787

H&S patterns can be read into most anything, and when I see a good H&S pattern on the charts, it may not resolve as expected, and this happens frequently. This is the reason I do not trade off of them or do anything with them as far as TA. I do believe in necklines, and they come in diferent forms, H&S being one of then. I do watch for them in the time frames I am trading in, for that is where the market is active. But if they show up in a time frame the market is not active in, then they are meaningless to me. Just my opinion. :-) Bob Graham

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