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Strategies & Market Trends : Tech Stock Options
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To: SE who wrote (46791)6/24/1998 2:09:00 PM
From: Patrick Slevin  Read Replies (2) of 58727
 
To be honest, I usually pay more attention to the Standard TaMJ.

The Triple has been rare but I vaguely remembered it always produced a sharp move. I was surprised to find 6 prior examples in one of my four patterns going back to March. I imagine it's been this range-trading of late that has produced more examples of it than I normally would expect to see.

Anyway, it still involves "visualizing" what is going on and therefore cannot be programmed into a system with solid results, I think. One still has to interpret the pattern to get a feel for direction and strength, like we discussed before.
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