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Strategies & Market Trends : Classic TA Workplace
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To: Henry J Costanzo who wrote (139528)12/18/2006 4:22:50 PM
From: bcrafty  Read Replies (1) of 209892
 
mc, "always dangerous IMHO to make too much of wiggles"

I completely agree, but try telling that to very short term traders <G>

For a non-wiggle chart to keep on your watchlist as a potential pennant check out this weekly on ISRG. It appears to have been forming a triangle most of this year and, depending on how one draws the lower trendline, a buypoint would be somewhere in the 94-98 area.

stockcharts.com
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