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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (163296)	3/1/2008 9:30:02 AM
From: AllansAlias	Read Replies (4) of 209892

One of the most reliable signals I have ever seen is rising up over a rising top trend line. This should result in a powerful move. You can see a couple in the chart I recently posted. Here it is again with these signals highlighted and some backtests shown with the arrows. This is not one of those hindsight things. Back when it was happening, this most recent signal, Shack and I were emailing each other about its implications. Anyway, just thought I'd share this one 'cause there is hardly a better signal. Now, looking at this most recent one, it did lead to up, but now it has failed. This is a bearish hound imho.

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