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User Name:	mistermax
Groups:	Gold User, Member, TeleChart
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Joined:	Thursday, January 27, 2005
Last Visit:	Sunday, May 7, 2017 10:32:00 AM
Number of Posts:	6 [0.00% of all post / 0.00 posts per day]

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Last 10 Posts
Topic: Inverse Scale for TNX-X Posted: Saturday, May 6, 2017 6:05:50 PM
Is there a way to inverse the scale for TNX-X so all my prices are going in the same direction ?
Topic: HEAD AND SHOULDERS FORMATION Posted: Wednesday, August 5, 2009 11:02:05 AM
Guess everyone is tired of discusing Head and Shoulder's pattern. A Head and Shoulder's pattern normally signifies a major turning point in the market. The problem is most people see a Head and Shoulders (or Inverse) everytime they look at a chart and when it doesn't work out, they can't admit they made a mistake and simply say the pattern is unreliable. There's been much discussion recently about and Inverse Head and Shoulders pattern on the Dow and the S&P 500. The problem with it right now is the lack of volume on the right shoulder. If it turns out to be a bona fide patern, the measurement is from a parallel line across the neckline, approx 9,000 on the Dow. Subtract the absolute low of approx 6,470 from 9,000 = 2,530. The 2,530 is added back to the neckline for a first objective of 11,530. I reiterate the problem now is the volume pattern on the righr shoulder along with an extended rally. Head and Shoulders patterns can absolutely be applied to individual chatrs as well.
Topic: Head & Shoulders pattern Posted: Thursday, July 16, 2009 9:51:44 AM
QUOTE (funnymony) QUOTE (mistermax) There have been numerous comments about a Head & Shoulders pattern, also a bigger potential Inverse Head & Shoulders pattern. Nowhere do I see any comments about the volume pattern that accompanies either formation. Contracting and expanding volume can be critical in identifying a good pattern. check about the fourth post down. http://forums.worden.com/Default.aspx?g=posts&t=40739 Good call on your part. I was thinking more about the daily market summary which most people read and to my recollection, volume has never been mentioned at all.
Topic: Head & Shoulders pattern Posted: Wednesday, July 15, 2009 2:59:55 PM
There have been numerous comments about a Head & Shoulders pattern, also a bigger potential Inverse Head & Shoulders pattern. Nowhere do I see any comments about the volume pattern that accompanies either formation. Contracting and expanding volume can be critical in identifying a good pattern.
Topic: Breakaway Gap S&P 500 Posted: Friday, November 30, 2007 10:33:44 AM
I didn't go over the data woth a fine tooth comb but the last breakaway gap I see on the S&P 500 goes back to about March 13, 2003. Beginning of the bull market and the gap was never filled.
Topic: Long Term Base Posted: Monday, June 11, 2007 3:35:58 PM
Has anybody commented on Ingram Micro (IM)