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


To: james ball who wrote (16301)3/24/1999 10:25:00 AM
From: Challo Jeregy  Read Replies (1) | Respond to of 34810
 
Hahahaha!

Morning Tommy. And I thought we were supposed to worry
about hemlines! <G>



To: james ball who wrote (16301)3/24/1999 10:57:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 34810
 
Tom, Hmmmm must not understand the percentages in the last column on the BP page. Yesterday it was -5+% and the day before it was -2+% (if my memory serves). Wouldn't that reverse it down? or was I hallucinating?

I don't really know what a neckline is or what it means. I was referring to Beebs* post where he mentioned a neckline and P&F had a corresponding triple bottom at the point where he identified the neckline.

Tom



To: james ball who wrote (16301)3/24/1999 11:25:00 AM
From: Tulvio Durand  Read Replies (2) | Respond to of 34810
 
Neckline = line drawn by executioner on victim's neck as target for Guillotine blade.

Tulvio



To: james ball who wrote (16301)3/24/1999 11:38:00 AM
From: James Strauss  Read Replies (1) | Respond to of 34810
 
What is a neckline

Tom:

A Neckline is the line you drive in to get into the drive in movie..... : >

Jim



To: james ball who wrote (16301)3/24/1999 1:38:00 PM
From: Judy  Read Replies (2) | Respond to of 34810
 
Tom, it's appropriate the P&F BP for semis stayed neutral. The semi equipment maker btb was ok, not great. It was 1.17 not because bookings were increasing and shipments strong, but because bookings were holding and shipments lessened. Semis consolidating. We'll see a clearer picture when MU reports today.

"Neckline" refers to part of the Head & Shoulders pattern in classical TA ala Edwards and Magee. H&S patterns are often difficult to see and takes about six or more months to complete. H&S is a bearish pattern, whereas reverse H&S is bullish.