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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (4630)	1/23/1999 8:50:00 PM
From: HairBall	Respond to of 99985

Terry: We're all familiar with a head and shoulders pattern- but, have you ever heard of a "decapitated head and shoulders"? Well, if that term becomes the norm, I know where I heard it first...<g> Hope the posting of my chart helps my explanations in the future. As long as I am not imposing on Monty, I will post updates from time to time. However, between updates they can be referenced for an understanding of what I am referring to. Regards, LG

To: Terry Whitman who wrote (4630)	1/24/1999 12:37:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

>>"decapitated head and shoulders"<< First thing that popped into my mind though was "will we get a fake rally to fill those gaps? Could be something to keep in mind if we pop up all of a sudden. It may not be a head fake (pardon the play on words again) but an attempt to fill the gap that may not nullify the formation. Just my 2 pennies on the formation. I love that name!!! Vitas - excellent article, just printed it for a keeper and mailed it to my trading friends. Lee