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Strategies & Market Trends : Point and Figure Charting
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To: Atin who wrote (24954)8/16/2000 4:04:44 PM
From: Bwe  Read Replies (1) of 34808
 
Hi Atin,
With regard to our discussion regarding including Bull/Bear Traps in one of the two open categories in the Stocks With P&F Patterns section, take a look at the following posts from Eric and I for further background info:

Message 9118046
Message 9118834

For a more recent example of the after-effect of a Bull Trap, take a look at CSCO's p&f chart. The current pattern would be a Spread Bull Trap and suggests, at best, sideways action. The two successive low poles suggest the stock is being accumulated, however.

Take care,
Bruce
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