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Strategies & Market Trends : Point and Figure Charting

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To: papi riqui who wrote (22976)	8/10/1999 11:17:00 AM
From: Ms. X	Read Replies (2) of 34809

Hi PR, Read the book for a Catapult description. The triple top must be followed immediately by a double top without any interruptions and it must have higher bottoms. A spread triple top by definition takes away the immediate characteristic needed. If you look after the first two tops of that spread the chart then dips down giving a sell signal then it rises and finally gives the double top. That dip took it out of the running. Spread triples don't usually make up a Bullish Catapult.

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