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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (18443)9/6/2002 7:21:14 AM
From: Louis V. Lambrecht  Respond to of 36161
 
Little Joe - crazy targets for those H&S. Also got negative numbers on a multi-years H&S on the Nasdaq.
But there again, I would favour another top formation hardrightedge.com

SP500 is closer to the textbook, although, as for the others, the head took too much time.
Amonng others I look at the time spent to form the head to be lesser than the sum of the time spent to make the shoulders.
Abd still positive measure with an almost horizontal neckline 920ish, tgt 280ish. Back to the 1990 prices.

(Actually, I have two H$S superposing lvlamb.itgo.com.
Still asking myself why I id not took a position accordingly.
That chart is almost one year old.