I will not speculate on anything short-term such as next week, but will offer a chart and a link to a definition of a "head and shoulders formation" for you to draw your own conclusions. (Thanks for the invite, Elenin).
http://en.wikipedia.org/wiki/Head_and_shoulders_%28chart_pattern%29
The formation looks ominous.
The right shoulder appears a little weak, though.
We'll soon see.
http://en.wikipedia.org/wiki/Head_and_shoulders_%28chart_pattern%29
I thought Head and Shoulders was a shampoo/conditioner.
For dandruff.
Not that I have dandruff.
I have a #1 shaven head.
There's not much worse than the dreaded
head and shoulders formation...
unless it's a double or triple top.
And with this market...you may not have to shave your head.
After next week...it may just fall out on its own!
The V3
Adventures of Elenin
thread has had a good run.
It has been a true pleasure.
And I want to thank
each and every
one of you…
whether you were a
major contributor
or
an audience member…
for taking part in this thread.
THANK YOU SOO MUCH!!!!
But we’re not quite
done yet!
Explanation:
A performance issue
(as in serious
lack of speed)
has
forced us
to take this action.
We can only guess that
it’s due to the thread’s size (?)
The Adventures of Elenin
is moving to another channel.
Visit us at the thread
to be called…
New Forum Game...
May the Odds Be
Forever in Your
Insider-Trader Favor
Warning…It’s still under contruction
So please wear
your safety helmet
at all times.
Thank you!
(am working on it now!)
I will not speculate on anything short-term such as next week, but will offer a chart and a link to a definition of a "head and shoulders formation" for you to draw your own conclusions. (Thanks for the invite, Elenin).
http://en.wikipedia.org/wiki/Head_and_shoulders_%28chart_pattern%29