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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?


To: Greg Butcher who wrote (4145)11/28/1997 11:49:00 PM
From: lazar921  Read Replies (2) | Respond to of 4701
 
GREG>>>>>>BRICKWALL?

are you talking about the INFU short? please reply asap...lets not get burned on this ...to me a down tick at close fri was good for us...unless it was just more short selling.......??????? what are your thoughts or anyone's involved...greg, forward info...i have alot in this one!!.thanx..............jeff



To: Greg Butcher who wrote (4145)11/29/1997 2:02:00 AM
From: Doug R  Read Replies (1) | Respond to of 4701
 
Greg,

Head and shoulders patterns are very tricky little devils. One of the strongest bullish signals is a head and shoulders pattern that is aborted...meaning that once the pattern looks set up, a break to the upside can really take off. BJCT in my last post is just such an example. For BJCT, it would become a screaming buy if it closed above the head on strong volume. Until an H&S actually breaks below the neckline or breaks above the head, the best thing to do is leave it alone.

Doug R