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Strategies & Market Trends : MDA - Market Direction Analysis

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To: bobby beara who wrote (62781)	11/18/2000 5:46:15 PM
From: Saulamanca	Read Replies (1) of 99985

Bobby, I guess beauty is the eye of the beholder.-g- I think people should use what works for them and what patterns they feel most comfortable with. E-wave doesn`t work for me, so should I dismiss all e-wavers? Not me, I enjoy other people`s reads even if I don`t have much confidence in it. I know it took me a while to learn to feel confident using the wedge. (Thanks LG)-g- As far as people jumping the gun anticipating patterns, that happens with all patterns not just H&S. A rising wedge is a bullish pattern (price is rising) until it breaks down. I think people jumping the gun on a wedge is why it runs right through the top of the pattern. It works for me. H&S top on the 15-min NDX with Friday`s rally stopped dead in it`s tracks right at the neckline: siliconinvestor.com When the levy breaks, daily NTAP: stockcharts.com[H,A]DACAYYMY[DB][PB50!B200!C20!D20,2][VC60][IUD20!LF!LL14!LB14!LA12,26,9!LH14,3] BWDIK

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