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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?

To: belker who wrote (81)	6/29/1998 9:03:00 PM
From: sean sanders	Read Replies (1) \| Respond to of 967

Bob, ASMLF - Just took another look at the chart also and noticed the gap. Been studying gaps of late (felt a lack of knowledge in the cranium here ;) also looks to me that it is of the exhaustion type ... Well another thing I noticed from formations that take a long time to develop and that are big; is that they don't seem to complete their measured move completely (but this is from my limited T.A. outlook experience also). Keep in touch with me about your view on the RSI indicator. Also what look back period are you using. Sean Sanders

To: belker who wrote (81)	6/29/1998 10:36:00 PM
From: sean sanders	Respond to of 967

Bob, Saw some recent chart formations in my watch list ... ADI - broadening formation with horizontal at resistance level forming ATEC - completed a H&S formation, punched thru the neckline and now retraced back to the new resistance line ~7.15 CPQ - still not sure if it will complete the H&S formation (it made this in a bigger sym. triangle, so perhaps this so called H&S formation will just fizzle out and just continue on and complete the bigger sym tri EMC - debating if EMC is forming an asc tri GHV - wondering if GHV formed a reverse H&S (small one) IBM - completed a H&S formation now retraced back to the new resistance (lets see what happens next) MSFT - had a recent flag (I wonder if we still have steam to still go up?) MVSI - forming a des tri (will this formation just fizzle out?) RWAY - will it form a double headed H&S? STII - looks as though it is forming a descending tri Do you think I have enough here? Feel free to comment on any of the above. Sean Sanders