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Strategies & Market Trends : Raptor's Den II

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To: Kirk © who wrote (1409)	11/14/2003 2:48:35 PM
From: Andrew	Read Replies (1) of 3432

Message 19488044 Rising wedges are not a bullish pattern. It is a bearish pattern. This market is not trading in a rising triangle or pennant formation. Rising wedges always break to the downside. Falling wedges always break to the upside except in bankruptcy cases. Dont think I know TA check the header on the subject I started, been calling gold bottoms and tops to the dollar and day months in advance. Subject 54201 I have been wrong in the past but IMVHO this market is about done. SP500 cannot go over 1075 without a correction of some kind.

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