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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: KymarFye who wrote (62647)11/17/2000 1:27:46 PM
From: John Pitera  Read Replies (2) of 99985
 
Kymar, one thing I'd add about H&S is that some people
jump the gun and assume that a break down or breakout
of a pattern will ensue.

Edwards and MaGee talked about what maybe a 3% drop below
the neckline to be valid, Now it seems that often that
ammount should be extended out to 5 or 6%. But it's
subject and I'm speaking anecdotally, from
my perceptions.

John
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