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Remember Twiggy? She had better shoulders than that. Nice
work on the cycles though.
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Hill,
Ernie
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:'realtraders@xxxxxxxxxxxxxxx'">'realtraders@xxxxxxxxxxxxxxx'
Sent: Tuesday, July 16, 2002 2:34
PM
Subject: RE: [RT] John Murphy notes: the
market isn't "cheap"
<FONT face=Arial color=navy
size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt">Perhaps,
you can see the H&S more clearly in this
chart.
<FONT face=Arial color=navy
size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt">
<FONT face=Arial color=navy
size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt">E
<FONT face=Arial color=navy
size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt">
<FONT face=Tahoma color=black
size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Tahoma">-----Original
Message-----From: Joe Duffy
[mailto:joeduffy@xxxxxxxxx]<SPAN
style="FONT-WEIGHT: bold">Sent: Tuesday, July 16, 2002 1:20
AMTo: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx<SPAN
style="FONT-WEIGHT: bold">Subject: Re: [RT] John Murphy notes: the
market isn't "cheap"
<FONT face="Times New Roman"
size=3><SPAN
style="FONT-SIZE: 12pt">
<FONT face=Arial color=black
size=3>Its a
damn poor example of a head and shoulders. If you were defining shoulders for
a computer test, this wouldn't cut it, else every up and down swing could be
defined as a H&S. You gotta squint to see the shoulders.
<SPAN
style="COLOR: black; mso-color-alt: windowtext">
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