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OBV on head is above left shoulder, right neckline about equal to left
neckline, right should (so far) is well below left shoulder.
Earl
----- Original Message -----
From: swp <swp@xxxxxxxxxx>
To: Ira Tunik <ist@xxxxxx>; realtraders <realtraders@xxxxxxxxxxxx>
Sent: Friday, August 20, 1999 7:30 AM
Subject: Re: (no subject)
> It does look as if we might be forming a head and shoulders pattern
> although I have not checked to see what the volume has looked like to
> see if that confirms the idea. It looks to me though that the neckline
> will intersect someplace a bit above 2400 and project down about 430
> points, so the projection will be to just below 2000. Either way, the
> early August lows should be breached.
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