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Strategies & Market Trends : Wedges, triangles, and stuff: Chart patterns for breakouts

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To: HeyRainier who wrote (212)9/9/1997 11:18:00 PM
From: Woodchuck   of 257
 
Hi Rainier,
So I'm delighted to be able to recognize the penant pattern when I look at both CHH and SHVA. I'm still somewhat perplexed by the wedges and triangles. I am going to stay with the semis until they start to lose money for me and won't be venturing into hotels...

What else do you like about SHVA? I've looked at the candlestick chart and it looks like it is worth buying and selling on their penant pattern, yet I am unable to interpret the meaning of the candlestick pattern. Any help you are willing to offer would be greatfully received. I have a few dollars and would like to get them back into this interesting market.

Regards,
Woodchuck
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