MDA - Market Direction Analysis Message Board

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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)	11/20/2000 11:54:53 AM
From: Paul Berliner	Read Replies (1) of 99985

A perfect H&S is as reliable a chart pattern as you can ever have - and it is frequently a self-fulfilling prophecy that the stock breaks the pattern to the downside because everyone in the T/A community puts on the same trade. This is the most perfect H&S I have ever seen, complete with perfect downside target objective achievement. It is one H&S that happened less than a year ago: 203.161.232.68 same chart again: chart.quam.net

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