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TJ Parker

04/15/03 2:47 AM

#97478 RE: lee kramer #97475

"But you might want to pull up the weekly Dow and COMPX. I see an inverted H&S re-accumulation bottom now into it's 10th month."

isn't that a bit long for an h&s?

but yes, or no, i actually just did what you suggest, and to be honest, i don't see anything on a chart of the compx or ndx that is qualitatively different during these last 10 months, than the period 1 year prior. actually, except for a brief summer rally, the two periods seem pretty much identical in "shape".
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positiontrader

04/15/03 1:15 PM

#97711 RE: lee kramer #97475

Lee,

I have been talking about this reverse head and shoulders pattern for months.The right shoulder has been distorted and delayed by the war.Hopefully it will now occur.

Regards

Marc