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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (61610)	12/13/2002 5:33:52 PM
From: The Freep	Read Replies (5) of 209892

Any candle gurus around? The pattern on the naz might be the falling three methods (http://www.litwick.com/indicators/2213.html). The only reason it might not be, I guess, is that yesterday exceeded Monday's high by .29. I suspect that doesn't invalidate it, though. Now, will it play out as a continuation pattern? Dunno. The daily stochastics also imply we could bounce, but while John M. says no one is looking for the sharp covering rally (and he's probably right that no one is looking sharp), I think fewer are looking for anything like 1220 naz.... the freep

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