Trading the SPOOs with Patrick Slevin! Message Board

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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!

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To: fut_trade who wrote (4553)	5/8/2000 8:53:00 AM
From: Patrick Slevin	of 7434

I now see what you are saying; it seems Edwards/Magee wrote quite a few pages on the Wedge Pattern. Took awhile to find the quote. < so perhaps it is something else?> But right after that quote they go on to suggest that a shorter-term pattern might be a Pennant (which see). The Pennant might also be described a short, compact Wedge, characterized by marked diminution of activity. Page 209 in the Sixth Edition. I think I might look at such things, subliminally. But I don't consciously think about it. My mind gets too filled up with "If:Then" statements, I suppose. I might see one pattern that is bullish and another that is bearish and end up in mindlock with no idea what to do. I guess perhaps it's a Pennant. I'll have to read more about this stuff....Edwards/Magee has so many pages on it that it needs some time to get the entire message. At least for me, anyway.

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