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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: chartseer who wrote (6316)8/25/1998 10:15:00 AM
From: The Perfect Hedge  Read Replies (1) | Respond to of 34811
 
IBM has popped above 130...looks like it's time for those 130 puts...

B



To: chartseer who wrote (6316)8/26/1998 12:08:00 PM
From: Hardline  Respond to of 34811
 
<Reverse head and shoulders a very positive pattern. >

I am still learning. Could you please explain how this qualifies as a Reverse head and shoulders (number of X above ?). How does situation compare to other buy signals in probability. Also what would make you turn negative on EDS.

Thanks
Hardline