Go to Jeff Salisbury LWGate Home Page.From: "NANCY POLCARO" <ZILLAGIRL@msn.com>
Subject: Re: [CANSLIM] Re. Head & Shoulders
Date: Fri, 31 Jan 2003 23:29:42 -0800
Previous Article (by Subject): Re: [CANSLIM] Please help ... "Ann Hollingworth"
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Interesting article at http://tinyur1.com/55n9 Its on marketwatch and it=
s by the man that wrote about the 90/90 up-down days. Anyone worried abo=
ut the next few weeks might want to read it. nancy
- ----- Original Message -----
From: Spencer48@aol.com
Sent: Wednesday, January 29, 2003 8:13 PM
To: canslim@lists.xmission.com
Subject: [CANSLIM] Re. Head & Shoulders
Canslimmers:
Just an observation. To me, the Daily NASDAQ looks like an H&S, wit=
h =20
the left shoulder on 11/8 at 1420; the head on 12/2 at 1521; and the righ=
t =20
shoulder on 1/13/03 at 1467. The neckline is at 1320 (It closed today at=
=20
1358, +15 on a bit more than ADV).
The Measurement Down from the neckline is, I believe (and if I'm in =20
error, I hope Tom or someone corrects me) is from the neckline to the hea=
d, =20
which is about 200 points. So if it penetrates the neckline, it should f=
all =20
(according to chart-measurement analysis) about 200 points-or to about th=
e =20
October low (which was 1108).
jans
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<HTML><BODY STYLE=3D"font:10pt verdana; border:none;"><DIV>Interesting ar=
ticle at <A href=3D"http://tinyur1.com/55n9">http://tinyur1.com/55n9</A>&=
nbsp; Its on marketwatch and its by the man that wrote about the 90/90 up=
- -down days. Anyone worried about the next few weeks might want to r=
ead it. nancy</DIV> <DIV> </DIV> <BLOCKQUOTE 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">----- Origina=
l Message -----</DIV> <DIV style=3D"BACKGROUND: #e4e4e4; FONT: 10pt Arial=
; COLOR: black"><B>From:</B> Spencer48@aol.com</DIV> <DIV style=3D"FONT: =
10pt Arial"><B>Sent:</B> Wednesday, January 29, 2003 8:13 PM</DIV> <DIV s=
tyle=3D"FONT: 10pt Arial"><B>To:</B> canslim@lists.xmission.com</DIV> <DI=
V style=3D"FONT: 10pt Arial"><B>Subject:</B> [CANSLIM] Re. Head & Sho=
ulders</DIV> <DIV> </DIV>Canslimmers:<BR><BR>  =
; Just an observation. To me, the Daily NASDAQ looks like an H&=
S, with <BR>the left shoulder on 11/8 at 1420; the head on 12/2 at 1521; =
and the right <BR>shoulder on 1/13/03 at 1467. The neckline is at 1=
320 (It closed today at <BR>1358, +15 on a bit more than ADV).<BR><BR>&nb=
sp; The Measurement Down from the neckline is, I believ=
e (and if I'm in <BR>error, I hope Tom or someone corrects me) is from th=
e neckline to the head, <BR>which is about 200 points. So if it pen=
etrates the neckline, it should fall <BR>(according to chart-measurement =
analysis) about 200 points-or to about the <BR>October low (which was 110=
8).<BR><BR>jans<BR><BR>-<BR>-To subscribe/unsubscribe, email "majordomo@x=
mission.com"<BR>-In the email body, write "subscribe canslim" or<BR>-"uns=
ubscribe canslim". Do not use quotes in your email.<BR></BLOCKQUOTE=
></BODY></HTML>
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