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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (11902)2/4/1998 4:49:00 PM
From: Eric Maggard  Read Replies (1) | Respond to of 79312
 
[RECY H&S]

What would your stop loss be with RECY. If it doesn't hold 5, where would the confirmation of the downtrend. I see that 5 is the neckline and so would a 4.875 be a good stop loss point, or 4.8125?

TIA

Eric



To: James Strauss who wrote (11902)2/11/1998 9:59:00 PM
From: Ocote  Read Replies (2) | Respond to of 79312
 
RECY... Head And Shoulders Killer...

Your were right, in a BIG way. My hat off to you Jim. Wasn't it our own Doug who said, a H & S that breaks upward instead of downward is a powerful formation.

"Doubting Thomas" Ocote


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