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To: Michael Watkins who wrote (488)12/7/2000 8:40:45 PM
From: Chip McVickar  Read Replies (1) | Respond to of 12411
 
>>By the 'M' pattern you refer to, are you looking at the semi-inclined 'M' on the daily? That looks like an exhaustion pattern to me as well. <<

Yes, the 'M' pattern is a formal topping pattern (similar to a double top), that must follow well defined rules. This one is very close, but not pure because the low of the 'V' is not lower then the low in Sept.

It may see 110

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