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[Metastockusers] Chart formations and CPR plugin



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I was reading an old Gerald Appel text and struck by the emphasis on 
chart formations, particularly what he refers to as the "grand-
daddy" of formations the Head and Shoulders.

I reviewed a number of charts (~200) and again was impressed with 
the predictability of the H&S -- or was I just reading something 
into the tea leaves that I wanted to?

I then placed a short position on Nov soybean futures based on some 
fundamental analysis but also motivated by a very clear H&S pattern
(see S X03 20 May to 16 June). I quickly made $2500.

Has anyone had experience with the CPR plugin? I was thinking of 
getting it and then scanning for H&S patterns with the goal of 
placing short term long put positions.

Comments about this in general, or specifically with the CPR are 
very welcome.

Thanks!
--Mike



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