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Strategies & Market Trends : Paint The Table
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To: AugustWest who wrote (6644)12/18/2001 11:47:05 AM
From: Jorj X Mckie  Read Replies (1) of 23786
 
OK, so we are filling this morning's gap, do we bounce here or continue on down? (a point to ponder and discuss, not necessarily looking for an answer).

I am seeing H&S patterns show up on a number of charts, including the DJIA and SPX. If you look at the DJIA daily chart, the left should can be drawn at 10k....right where the DJIA stopped today on the right shoulder. SPX, the left shoulder is much higher than the right. COMP, not really formed, but look at CSCO.
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