Trend Setters and Range Riders Message Board

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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 465.93

+3.3%

Jan 23 9:30 AM EST

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To: MulhollandDrive who wrote (23454)	10/22/2002 10:18:11 PM
From: TWICK	Read Replies (3) of 26752

I remember during 1998, and 1999, the cup and handle pattern was better defined and did really well for me. In late 1999 into 2000 the long cup and handle in many oil stocks were also very well defined and produced some awesome gains if you timed it right. Later on, I found the same pattern in the Bio Co's. Late 2001, the Gold Co's. It is my favorite chart pattern cause the move out of the handle can explosive as we wittnessed in 1998 through late 1999. These ones are hard to make out and you don't know if you'll get the big volume for the brake out of the handle. It was pretty much a safe bet back then when just a sneeze could trigger a reversal. But then again, this type of market condition is new territory for me. It's my first depress... recession. Twick

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