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Strategies & Market Trends : 56er's Portfolio Companion

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To: Dave H who wrote (345)11/17/1997 4:30:00 AM
From: freelyhovering  Read Replies (1) of 492
 
Dave--Upon further reflection, its not a IHS, unless one considers the right shoulder as quite atrophied at 10/30, the left shoulder I was looking at was on 10/20 and the head on 10/27. As for the TSV pattern, I may be trying to make too much out of the fact that when the stock made its previous high on 9/24 of 6.69, the 5 day TSV was at 858, 12 day at 603 and the 18 setting at 482. Then when the stock made its most recent high of 7.63 on 11/5, the 5 day TSV had dropped all the way to 260 the 12 day to 176 and the 18 day to 145. Should one make anything of this? I was obviously trying to do so. It appears to be a TSV nonconfirmation of the new high. But can one trust these numbers so literally. I have not been able to get this information from technical support the last time I ask. Perhaps the e-mail capability on pro will allow me to get a firmer answer. I'll have some time on Wednesday to persue this. Will be quite busy the next two days. Its good to have another TC2000er to talk to about these things. Good trading, Myron
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