Pattern Recognition: Head and Shoulders

[Bill Vedder <bved01@xxxxxxx>]

        There has been some interest in pattern recognition on the list
lately.  In that vein, some folks at the NY Fed have published quite a
bit of work looking at the "head and shoulders" pattern.  Carol Osler
has been doing this since 1994, at least. If interested (the few, the
proud, the brave...) follow this link:

http://www.frbsf.org/system/fedinprint/index.html

Enter "osler" in the AUTHOR section of the search input (or try
"shoulder" in the KEYWORD section). It should take you to a list of
about 4 or 5 of her papers. I know the 1998 paper is available online in
pdf format. The others (and they appear more interesting) will probably
require a trip to the library.

It might be interesting to see, at least, how they go about defining the
pattern. They may even  show some computer code, eh?

Best Regards,

Bill Vedder