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

To: sean sanders who wrote (98)	10/23/1998 4:36:00 PM
From: Jeff Grover	Read Replies (3) \| Respond to of 967

Nice call Sean, hope you were on board. KLAC (one of the ones you pointed out) - Looks like we have a d bottom with a small asc tri at the top of the up leg. I mean I'd say today we have a break through of the neck-line, but it's all the other investors that need to see that (and of course they may not). If it moves up I'd say it would be good for 3-4 points, lets watch this one and see what it does. .... when E.F.. Smith talks ... all the other investors listen.

To: sean sanders who wrote (98)	10/23/1998 11:18:00 PM
From: Greg McDaniel	Read Replies (2) \| Respond to of 967

What do you make of VLNC? It looks like a d bottom has occurred and has now broken the 200 dma.

To: sean sanders who wrote (98)	10/24/1998 12:57:00 AM
From: sean sanders	Respond to of 967

Bob, HNCS Here's one I was talking about in my last message ... one where the leg actually hasn't even started (and well this one may be a bad choice, but maybe not ...) I'm not actually sure where I would say the lower parts of the W are most likely to form. I marked where I think the most likely spots would be (eith near the body of the hammer on 10/9 or at the bottom of the wick). - note this isn't the most ideal case, but I am wondering if it's possible to play off the 'potential of a dbl bottom forming'. Lets see what becomes of this one and see if it does pause at lines 1 or 2 and lets see if it makes it up to the trend line at 32. oh the visual ... geocities.com let me know what you think ... I can come up with more examples if need be Sean