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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Math Junkie who wrote (78429)6/11/2001 2:14:43 PM
From: HairBall  Respond to of 99985
 
Richard Palm: Be careful of Head and Shoulder patterns. While they can be useful, they are one of the less reliable patterns...IMO

I rarely bet on them...I always look for a more reliable pattern, etc to confirm a trend expectation.

Regards,
LG

PS: Folks, don't forget to keep the discussion cordial and respectful. If you're kidding make it clear to minimize unintended feather ruffling...<g>



To: Math Junkie who wrote (78429)6/11/2001 2:18:51 PM
From: eichler  Read Replies (1) | Respond to of 99985
 
Richard,
The low volume is rather normal it seems for the last couple of weeks. I will be watching for a breakout either way accompanied by strong volume as a sign of the next big move.
Right now, I think just fun and games running the price up and down between neck and shoulder.
BTW Did I mention I'm a touch dyslexic? Worst thing you could do is shout "right!" or "left!" while I'm driving at the last second. 50-50 chance I turn either way....VBG Not a big problem for me but occasionally, I'll turn things around. Thanks again for the catch.
Regards,
Eichler