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Politics : Welcome to Slider's Dugout

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To: SwingTrader2006 who wrote (5865)8/8/2007 1:28:39 PM
From: SwingTrader2006  Read Replies (1) of 50729
 
HEAD & SHOULDERS TOP...Lesson #2 of 4.

stockcharts.com

See the head & shoulder pattern from June through now? See the left shoulder formed in June, the head formed in July, and the right shoulder that has formed end of July through NOW? Can anyone in the class tell me if a head and shoulder pattern is BEARISH or BULLISH?

Ron? You've been real quiet back there today, do you want to give it a shot? I'll give you a hint. What do suppose will happen when the May lows are taken out? Ron...you don't want to give it a shot? Ron, you look ill...are you OK? Would it help if I put the pink panties and lamp shade back on my head?

Like I said before, I'll thoroughly enjoy this one :-)
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