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Strategies & Market Trends : Tech Stock Options
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To: ratan lal who wrote (46668)6/23/1998 2:08:00 PM
From: Patrick Slevin  Read Replies (2) of 58727
 
The pattern calls for a peak at 3:40 ET.

I don't know where my mind was this morning....I was looking at the wrong set of patterns. I'm glad I did not trade that way.

Anyway, the triple thing-a-ma-jig needs research. It picked the motion okay. I have to get the timing closer. Of course, the pattern is so rare that I may have to go back 180 trading days to get enough data.

With the SP8U through the intraday highs and stalled below 1130 I would guess----just a guess----that upside is restricted to the 1132 level max.

What do you think?
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