Go to Jeff Salisbury LWGate Home Page.From: "Rolf Hertenstein" <rolfh@mindspring.com>
Subject: Re: [CANSLIM] head & shoulders patterns on the indexes (was Fw: Amateur Investors Weekend Market Analysis)
Date: Tue, 21 Jan 2003 06:45:01 -0700
Next Article (by Subject): Re: [CANSLIM] head & shoulders patterns on the indexes (was Fw: Amateur Investors Weekend Market Ana "Pritish Shah"
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This is a multi-part message in MIME format. - ------=_NextPart_000_0050_01C2C118.9F393EA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The major averagesThanks, Tom. I see what you mean about looking at = different chart sources. Just looking at a 6 month vs. 1 yr vs. 2 yr = vs. 5 yr time frame paints different pictures. One thing that bothers = me about the H&S Top interpretation is that this is a very short-term = top, i.e., it's a 'local' top in a longer downtrend. =20 As usual, time will tell. Rolf This is in reply to Rolf's post asking for opinions on the h&s = patterns on the indexes. I find that it easier (or harder) to see a h&s = pattern depending on which site you use for charting. This site shows it = fairly clearly, while on DGO it looks to me more like a double bottom = with a handle. =20 - ------=_NextPart_000_0050_01C2C118.9F393EA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD><TITLE>The major averages</TITLE> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Dwindows-1252"> <META content=3D"MSHTML 5.50.4134.600" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY vLink=3D#0000ff aLink=3D#0000ff bgColor=3D#ffffff> <DIV><FONT face=3DArial size=3D2>Thanks, Tom. I see what you mean = about=20 looking at different chart sources. Just looking at a 6 month vs. = 1 yr vs.=20 2 yr vs. 5 yr time frame paints different pictures. One thing that = bothers=20 me about the H&S Top interpretation is that this is a very = short-term top,=20 i.e., it's a 'local' top in a longer downtrend. </FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>As usual, time will tell.</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2> Rolf</FONT></DIV> <BLOCKQUOTE=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial"><FONT face=3DArial>This is in reply to = Rolf's post=20 asking for opinions on the h&s patterns on the indexes. I find = that it=20 easier (or harder) to see a h&s pattern depending on which site = you use=20 for charting. This site shows it fairly clearly, while on DGO it looks = to me=20 more like a double bottom with a handle.</FONT></DIV> <DIV> </DIV> </BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0050_01C2C118.9F393EA0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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