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Strategies & Market Trends : Wedges, triangles, and stuff: Chart patterns for breakouts

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To: Doug R who wrote (36)5/29/1997 5:39:00 PM
From: Mike Kehler   of 257
 
Doug,

Your system sounds interesting, but I'm not sure I understand how it works. In particular, if there is no pattern to speak of at the time of the "breakout" then I am not sure what quantifies a breakout. A combination of volume and price?? Or is it solely based on the indicators?

Also, I probably use the word "TA" where I was really talking only about charting. While I am interested in all forms of TA, it is chart reading that I want to "quantify".

Mike
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