Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 47.77

-0.5%

Dec 9 4:00 PM EST

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To: GROUND ZERO™ who wrote (10606)	8/27/2003 1:25:50 PM
From: Chip McVickar	Read Replies (1) of 207275

Me thinks when double tops... move on to triple tops or coils and/or flats.... They become something very different. Some of these patterns go on for many days creating 6-9 peaks and valleys. Buyers get wrong out and the bears get excited... only to get quietly screwed Here's a pic of two coils that broke upwards Together we watched and traded the 1999 coil/flat.... stockcharts.com[w,a]dahannay[d19980227,19990627][pf][J16695645,Y]&pref=G Here's another showing 8 years of this pattern: stockcharts.com[w,a]dchannay[d19960827,20030827][pf][J16696851,Y]&pref=G One negative is that it comes in Sept and Oct and is similar to 1987

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