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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: nokomis who wrote (112696)8/29/2000 12:06:57 AM
From: stormrider1  Read Replies (1) of 120523
 
Nokomis, Sorry to introduce myself to you, and this thread in disagreement concerning your pick. I almost bought this stock last Friday until I looked closely at the chart. Have you checked out the H&S pattern happening? June is forming the left shoulder; the head is formed in July , and the right shoulder is being formed right now. Although this pattern does not assure a bearish formation it does raise the caution flag.

Mike :)
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