Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: HairBall who wrote (26469)	9/4/1998 8:00:00 AM
From: Bull RidaH	Read Replies (5) of 94695

Larry, I looked for the bear flag possibility after X mentioned it. I sure don't see it, whether it's a 1 day pattern or a 5+ day pattern. What day do you have the flag pole starting, what day and price point did the flag pole end, and do we have a parallelogram for a flag? I see no parallelogram anywhere on this bounce up from Tuesday's low. The ascending triangle is clearly seen from yesterday's action, as the morning rally and afternoon rally stalled at the same locale (990 SPX). The late day sell off did not reach the morning lows, setting a higer second bottom from which connected to the morning low to creates the ascending line. Regards, David

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