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Technology Stocks : RadiSys Corp
RSYS 1.720+0.6%Dec 11 4:00 PM EST

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To: Alex Burns who wrote (234)12/22/1996 2:22:00 PM
From: stan s.   of 1472
 
Alex,

It's been a bit confusing. You didn't give me the time parameters you were looking at, but I think I see what you see.

I'm assuming the bottom of the head is occurring roughly in the Dec. 16-18 time frame. The bottom of the left shoulder around Nov. 25.

If you draw a line from left neckline to anticipated right neckline (52)... the stock then has to dip to 44 or 45 and hold to remain in bullish configuration.
It then would have to rise to at least 50 before a buy signal kicks in to be sure it's a true head and shoulders reversal.

In this scenario it would appear your time estimate to complete the shoulder and come back to 50 would take 2 1/2 to 3 weeks.

If it happens this way I can see a 10 point rise, but a jump to 66 is not yet in my scope.

Interesting, maybe a bit nebulous for me but we'll see. I'm still hoping it holds at 48 1/2, alot simpler.

Stan
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