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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (137668)10/19/2006 4:28:05 PM
From: Henry J Costanzo  Read Replies (1) of 209892
 
Triangles...now that the market is closed...Not to overdo things, as I am afraid I tend to do..vbg....but thought I'd pass on quote from my F&P:

<<...the trendlines containing the triangle are phenomenally accurate in that touch points rarely fall short of or exceed the boundaries of the lines. Only the fifth subwave can be expected to undershoot or overshoot the triangle boundaries and, in fact, our experience tells us that it tends to happen more often than not, especially in contracting triangles and expanding triangles,>>

y nada mas in any way relating to "running triangles:...
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