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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (32131)10/21/1998 1:05:00 PM
From: HairBall  Respond to of 94695
 
Terry: I am not a good one to ask about H&S patterns. I usually discount them, unless they are very obvious.

However, you observation is duly noted and looks fairly obvious. Now, let us see if the rest of the pattern forms...<g>

BWDIK
Regards,
LG



To: Terry Whitman who wrote (32131)10/21/1998 1:56:00 PM
From: Jay8088  Read Replies (1) | Respond to of 94695
 
Actually that is an intriguing observation after the recent panic buying by fund managers and 'only up from here' market commentaries. We could be set up for surprises to the downside. Should be worth watching!



To: Terry Whitman who wrote (32131)10/21/1998 2:46:00 PM
From: GROUND ZERO™  Respond to of 94695
 
Terry,

That does look like a H&S pattern on that chart with a projected measured move to around 8266. Agree it's worth watching.

GZ


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