Re: [CANSLIM] Pretty classic head and shoulders pattern

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Pretty classic head and shoulders pattern
Date: Thu, 19 Sep 2002 00:02:37 -0400

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on a daily chart (one year) there is not much of a left shoulder. But when I
look on a weekly chart (about 2.5 years worth) there is a much more visible
h&s pattern, but it is well under the highs of 2-2.5 years ago.

- ----- Original Message -----
From: "rolf hertenstein" <rolfh@mindspring.com>
To: <canslim@lists.xmission.com>
Sent: Thursday, September 19, 2002 12:01 AM
Subject: Re: [CANSLIM] Pretty classic head and shoulders pattern


Thanks for the reply, but I don't understand the part about
"when it forms below chart highs".  Do you mean highs hit
in 1998, 2000, and 2001?

I was looking at the 'head' centered around May 2002, and
the right shoulder forming from mid-July.

 Rolf

- ----- Original Message -----
From: "Tom Worley" <stkguru@bellsouth.net>
To: <canslim@lists.xmission.com>
Sent: Wednesday, September 18, 2002 9:46 PM
Subject: Re: [CANSLIM] Pretty classic head and shoulders pattern


> might be a H&S, especially on a weekly chart. But I am never that sure
when
> it forms below chart highs. But todays drop might be the start of the side
> of the cliff
>
> ----- Original Message -----
> From: "rolf hertenstein" <rolfh@mindspring.com>
> To: <canslim@lists.xmission.com>
> Sent: Wednesday, September 18, 2002 11:45 PM
> Subject: Re: [CANSLIM] Pretty classic head and shoulders pattern
>
>
> Speaking of H&S tops, would the expert charts readers
> here say that LSS is another example?
>
> Thanks!
>   Rolf
>
> ----- Original Message -----
> From: "Tom Worley" <stkguru@bellsouth.net>
> To: "CANSLIM" <canslim@lists.xmission.com>
> Sent: Wednesday, September 18, 2002 8:39 PM
> Subject: [CANSLIM] Pretty classic head and shoulders pattern
>
>
> > DOCC - thank goodness for hard stops, which I so rarely use. Took me out
> at
> > 14.10, and I haven't been tempted back in just yet.
> >
> > Tom Worley
> > stkguru@bellsouth.net
> > AIM: TexWorley
> >
> >
> >
> > -
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