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Re: a beauty of a classic H&S



PureBytes Links

Trading Reference Links

Speaking of ordering some books on internet, anybody ordered some trading
books to TradersLibrary recently and any problem with this Company to
report?
They took my money and I never received their books.

Sincerely,
Jean-Paul Duchesne
----- Original Message -----
From: "Henry Abelman" <henry@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, October 10, 2000 10:15 PM
Subject: Re: a beauty of a classic H&S


>
>     I just ordered both from the internet site buy.com
>     It was much much less expensive.
>
>     I compated it to amazon.com and local book stores.
>     I think yo will save a lot of money at buy.com
>
>
>
> ----- Original Message -----
> From: Lionel Issen <lissen@xxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Tuesday, October 10, 2000 3:28 PM
> Subject: Re: a beauty of a classic H&S
>
>
> > There is a newer edition called "Technical Analysis of the Financial
> > Markets", list price $70.00.  There is also a Study Guide, list price is
> > 39.95.  Both well worth the price.
> > Lionel Issen
> > lissen@xxxxxxxxx
> > ----- Original Message -----
> > From: "Al Taglavore" <altag@xxxxxxxxxx>
> > To: <metastock@xxxxxxxxxxxxx>
> > Sent: Tuesday, October 10, 2000 9:30 AM
> > Subject: Re: a beauty of a classic H&S
> >
> >
> > > Theo:
> > >
> > > >From page 119, fig 5.4a of "Technical Analysis of the Futures Market"
> by
> > > John Murphy:
> > > "A triple top.  Similar to the head and shoulders except that all
peaks
> > are
> > > at the same level.  Each rally peak should be on lighter voulume.  The
> > > pattern is complete when both troughs have been broken on heavier
> volume.
> > > The measuring techinque is the height of the pattern projected
downward
> > > from the breakdown point.  Return moves back to the lower line are not
> > > unusual."  Also, "Heavy upside volume on the completion of the bottom
is
> > > also essential."
> > >
> > > In my observation, the reaction moves back to the lower break line
> > > re-affirm the pattern and offer another opportunity to short with
> > > conviction.  It is this feature that distinguish the triple top from
the
> > > H&S.
> > >
> > > My chart of BRCM show that the highest close of 273 10/16 occurred on
> 8-24
> > > with a vol of 6054800. The reaction low of 248 9/16 occurred on 8-29
on
> > vol
> > > of 10521300.  Thus, my response to your original post was that this
> could
> > > well be a triple top rather than a H&S.
> > >
> > > The only reason (hopefully valid) to have this discussion was to
better
> > > hone our TA and chart recognition abilities so that we can better read
> the
> > > market and realize the most of the profit potential from various
> patterns.
> > > As you are aware, the money is made when one exits, not when when one
> > > enters.
> > >
> > > Al Taglavore
> > >
> > >
> > >
> > > ----------
> > > > From: T.E.M. Lockefeer <sky40912@xxxxxxxxx>
> > > > To: metastock@xxxxxxxxxxxxx
> > > > Subject: Re: a beauty of a classic H&S
> > > > Date: Tuesday, October 10, 2000 2:35 AM
> > > >
> > > >
> > > > Hello Al,
> > > >
> > > >
> > > > ----- Original Message -----
> > > > From: "Al Taglavore" <altag@xxxxxxxxxx>
> > > > To: <metastock@xxxxxxxxxxxxx>
> > > > Sent: Friday, October 06, 2000 5:28 PM
> > > > Subject: Re: a beauty of a classic H&S
> > > >
> > > >
> > > > > Does the volume requirements of a H&S apply to BRCM?
> > > >
> > > >  Should not the volume
> > > > > be much greater on the left shoulder, climaxing at the head and
much
> > > less
> > > > > volume on the right shoulder?
> > > >
> > > > TL :  Yes al volume conditions are as you described it.
> > > >
> > > >
> > > >  Rather than H&S, could we not be seeing a
> > > > > triple top?
> > > >
> > > >
> > > > TL :  What is the difference ? consequences ?
> > > >
> > > > Thanks
> > > >
> > > > Theo Lockefeer.
> > > >
> > > >
> > > >
> > > > >
> > > > > Al Taglavore
> > > > >
> > > > > ----------
> > > > > From: T.E.M. Lockefeer <sky40912@xxxxxxxxx>
> > > > > To: metastock@xxxxxxxxxxxxx
> > > > > Subject: a beauty of a classic H&S
> > > > > Date: Friday, October 06, 2000 12:22 AM
> > > > >
> > > > > List :
> > > > >
> > > > > Look at BRCM chart and you will find (starting about July)
> > > > > a Head and shoulder formation "out of the book" .
> > > > >
> > > > > Has anyone of you research about the % downsize of
> > > > > H&S formations ?
> > > > >
> > > > > Thanks and good weekend.
> > > > >
> > > > > Theo Lockefeer.
> > > > >
> > > > >
> > > > >
> > > > >
> > > > >
> >
>
>