Re: [CANSLIM] Head & Shoulders on the indexes?

From: SKutney@aol.com
Subject: Re: [CANSLIM] Head & Shoulders on the indexes?
Date: Tue, 25 Dec 2001 16:55:34 EST

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Tom,

   In a head and shoulders top the volume on the right shoulder should be 
much less
than the left or head sections. I don't see that in these charts.

   From what I understand, if a chartpattern looks hard to decipher the best 
thing to do is step back to a different timeframe. Weekly numbers in this 
case. I don't have a way to do this but I would think that the volume would 
not support the contention
that we are looking at a head and shoulders top. 

Steve Kutney 


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