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Strategies & Market Trends : Technical Analysis - Beginners
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To: Chris who wrote (11428)2/7/2001 9:57:53 AM
From: Trader X  Read Replies (1) of 12039
 
re: he redrew the neckline

I have a problem with where he draws it, since his line is below the Dec 11 high of 3,000 by 100 points. If the Nas moves to 3000 again and retraces, then I think an argument can be made for a H/S pattern developing. Before that time it's entirely speculation/wishful thinking.
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