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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (25056)11/28/2001 9:32:33 PM
From: Joseph Silent  Read Replies (3) of 52237
 
that a rising wedge in a bear market means that the primary trend is still down.

Paul .... this may be purely semantic .... but I'm wondering how a rising wedge can imply that the primary trend is still down. At the most it is correlated with the trend (so not "causative", and thus I'm hoping not "means"), and at the least it is (somewhat?) independent. Yes? Just puzzled here.

On a related note, can we break the trend without a rising wedge or something similar somewhere along the line?

If someone has a chart of the drawn wedge, can they please post it?

Thanks,

Joseph
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