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Re: SEBASS post# 6144

Wednesday, 10/12/2005 7:06:03 PM

Wednesday, October 12, 2005 7:06:03 PM

Post# of 44374
SEBASS,

Like I said previously when I posted about CMF is that those examples are examples and the CMF doesn't have to be green. Actually there was some green in CMF for GTE from low head to right shoulder if you look back at that post of mine with CMF and OBV. Those are examples and pretty perfect examples, if you read the bottom of the H & S info at stockcharts.com it states about not looking for the perfect H & S and that it's an art not science. I will post later on some of those indicators but can only do two at a time, so you will have the plug the other ones in there. Also, GTE's H & S formed in about a month compared to those examples of 4 and 5 months, so do you use shorter days of CMF--I don't know? This is just fun for me really--I'm long no matter what and not selling--hope my monthly paycheck comes before GTE gets to you dollar value--that is if it does. O.k. I may sell a few above 2 dollars to get about half my investment back--still not bad though with 1.96 average. I will take a 25%+ lost on a speculative but promising stock. Oh--and on pennant fakes before, I don't think we were in a pennant this time since about 4 days after the increase to 1.63 last time--about the time justfrank posted H & S or even a little before that

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