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To: RADAR ))) who wrote (2092)11/19/1997 4:01:00 PM
From: Doug R  Read Replies (1) | Respond to of 2403
 
Radar,

The HTF on LHSPF is an uptown version only because it's a higher priced stock. The flagpole was set up from 9/4/97 to 10/8/97. The flag is the activity afterward with horizontal support at 45.

The peak of the MIM was 7/31/97 athough a case could be made for the MIM peak occurring 2/5/97. If you don't use 2/5 as the MIM, then strictly speaking, 5/29 could not be used either because the highs for both those days are the same. That's how I would arrive at 7/31 as the MIM. Using 7/31 you can see how the price gapped over the major downtrend line on 9/11/97. That was a definite BOBS.

Now it appears that we have a cup with handle, the handle doing double duty as the flag of an HTF with a double top and a strong double bottom. Very interesting. I would say that the next BOBS would be a gap over 60 which would be the start of a rapid move to well over 100.

Doug R



To: RADAR ))) who wrote (2092)11/19/1997 4:46:00 PM
From: Kulnor  Read Replies (3) | Respond to of 2403
 
*off topic*
Radar,
Just want to point out that LHPSF is one of the only Belgian company trading in the US. Funny to hear about them on this thread, makes me feel home :-)

*Pascal*