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Re: ajtj99 post# 218903

Wednesday, 03/17/2004 11:04:41 AM

Wednesday, March 17, 2004 11:04:41 AM

Post# of 704044
ajt and the good Dr.

I have used a diffent price prediction for this inverse head and shoulder formation which has done well

if you draw a trend line from the notch on aug 1 to the peak at oct 10, it predicts future price.

if you try it with multiple head and shoulder and cup formations you will see it works fairly well. it also helps predict future price predictions if the shoulders or cup high points are high low from earlier time to nearest time

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