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michael03332002

02/07/06 3:57 PM

#71791 RE: ajtj99 #71789

BRCM screaming upwards, SNDK and AAPL weak here

whodathunkit

M
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The Freep

02/07/06 4:05 PM

#71794 RE: ajtj99 #71789

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....