Trading the markets..... Message Board

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Pastimes : Trading the markets.....

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To: robert b furman who wrote (907)	11/21/2000 6:57:00 AM
From: GROUND ZERO™	Read Replies (2) of 4583

BMET could also be forming the first of three for a down wiggle... you have to stand back from the chart and see where prices have been compared to where they are now in order to get a sense of where these prices are heading... You're right, yesterday did form the second of a three day buy wiggle... for it to be perfect, we need to take out yesterday's low but not Friday's low, then close above Fridays high..... just make sure that the pattern does, in fact, complete itself and doesn't turn into a sell wiggle.... watch it carefully..... still, if the above conditions are met today, then you'll have a completed buy wiggle..... that would make a nice trade.....<g> GZ

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