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Pastimes : A Jackass, his PAL(indrome), and GOLD -- Ignore unavailable to you. Want to Upgrade?


To: Allan Harris who wrote (1052)3/15/2003 9:10:11 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 1210
 
Head & Shoulders patterns do a great job on reversals
in fact, they are often called "Head & Shoulder reversal pattern"

and they have worked to a T so far with gold's reversal
a massive H&S sits outside a smaller completed H&S pattern
the inside H&S indicated a move toward #400
the outside H&S indicates a move to something like #500-550
I am unsure the exact target on the outside
and bear in mind, the outside pattern is a nearterm/longterm indication
so it could take 3-9 months, givey/takey

hello to my buddy PatrickM in Moscow
you horndog
stay clear of those Mrs Brezhnev 2-legged hog lookalikes !!!

/ jim