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Strategies & Market Trends : Waiting for the big Kahuna
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To: Tommaso who wrote (17441)4/27/1998 7:51:00 PM
From: bearshark  Read Replies (2) of 94695
 
Tommaso and I2: Tommaso has asked that we not talk about Head and Shoulders. That is fine with me. In lieu of that term, I propose that we substitute "hot dog in a bun."

However, you must visualize looking at the hot dog in a bun as it lays on its bun. The hot dog must be one of those plump dogs that protrudes from the bun and sits higher in the bun than either side of the bun. As you can clearly see, we now have a left side of the bun, the dog, and the right side of the bun.

Now, I do not think that today's action has sheared off the right side of the bun. If we have a rally tomorrow, we will start the climb up the right side of the bun. However, I have no idea what will happen if the hot dog in a bun has mustard, ketchup, and onions on it.
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