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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (20069)	1/15/2001 4:05:24 PM
From: GTC Trader	Respond to of 59879

Any thoughts on H&S top for AMCC? Starting in December, I see a possible S at 75 and H at 80, with the right S at 75.75 last Friday. With N at 60, would we expect a quick drop to 40 in the next 2 to 4 weeks? The one-year chart also shows what might look like a H&S top with the left S at 80 last March, the H at 110 in September, and the right S at 80 in December. My best guess for the N would be at 45, but even moving it up to 50 gives a target of -10 which would be quite profitable for shorting. <GGG> Neither is a perfect H&S pattern, but I wondered if they were close enough to get your attention and what you might think of them. TIA - HB