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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 690.38

+0.4%

Dec 24 4:00 PM EST

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To: KymarFye who wrote (62647)	11/18/2000 3:35:58 PM
From: LTK007	Read Replies (2) of 99985

<As to the specific question, citing a personal study of 500 5-year daily charts, as detailed in ENCYLOPEDIA OF CHART PATTERNS, Thomas Bulkowski claims that properly identified h&s patterns remain among the most reliably tradable, with very low failure rates and very high relative likelihood of reaching targets. (BTW, Bulkowski's publishers claim that he was successful enough trading his formations to "'retire' from his day job at age 36.")> would you yourself now indentify COMPX/NDX100 "as a properly identifiable H&S pattern"as it is beginning to look that way to me,if so,my "doomsdaying"prognosis of 2000 before 2002 looks quite objective.max

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