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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Dave H who wrote (4366)12/17/1997 5:30:00 PM
From: Ocote  Read Replies (2) of 4701
 
Dave H

That's interesting about Coke breaking to the upside. It looks like KO is benefitting from the flight to quality or the flight to familiarity(whcih seems safer). Thanks for the comment about EK--will review.

Obviously, on these H & S patterns we have to wait for the break to know which way it will go. I believe it was Doug R who said that one of the strongest patterns is a H & S that breaks out instead of down. I would like to observe the activity of these developing H & S stocks to see which ones offer long or short opportunities.

Ocote
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