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Re: ajtj99 post# 71789

Tuesday, 02/07/2006 4:05:46 PM

Tuesday, February 07, 2006 4:05:46 PM

Post# of 148479
AJ -- the LEFT shoulder, not the right shoulder. For there to be a LEFT shoulder, that slanted neckline has to interact with price to give a, well, a shoulder shape, doesn't it? Otherwise you're dealing with something else.

But a backtest of that trendline break would be a good place to go short <G>

Seriously, I see no H+S in the SPX cuz I can't make out a left shoulder with a complete head and right shoulder. It takes all threeeeeeeeee.

the freep

PS, nice trade on WiLT Chamberlain. Shoulda held for his magic 100....

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