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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: HairBall who wrote (3358)	1/6/1999 11:30:00 PM
From: j g cordes	Read Replies (1) of 99985

LG.. you made too tempting a comment with "I said the pattern existed and the neckline was penetrated today. I did not say I did or did not expect follow through." I'll guess you're saying there's a normally positive reverse h&s, but that even though it was penetrated you're not saying penetration indicates follow through. If there's any predictive value to a pattern then one ought to follow through.. or make it a double top that might not have the punch to form a reverse h&s. <g> Just pullin yer leg...

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