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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (24355)12/17/1998 10:50:00 PM
From: RWS  Read Replies (1) of 79230
 
Doug

This is sort of an academic question if you have time. I saw a chart of DD on the McClellan site pointing out the big head and shoulders formation over the past 14 months. DD has touched the neckline and bounced three times (Aug, Oct, Dec). Does that triple bottom turn the neckline into strong support after so many tests or can a break of the neckline and fall to $10 (!!!) be anticipated?

Thanks.

RWS
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