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Strategies & Market Trends : The Millennium Crash

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To: bobby beara who wrote (3728)10/27/1998 6:08:00 PM
From: Moominoid  Read Replies (3) of 5676
 
Triangle on Amazon

I just happen to have Edwards and Magee's book open in front of me on p203. The daily chart there (Martin and Parry 1945) looks just like Amazon's weekly chart with a massive 6 month flag. I don't know enough yet of this pattern TA to know if that makes any sense.

BTW I just got this book out of the library and they were pretty lazy doing revisions. Some parts of the text refer to 1948, some to 1956, and some to 66. The latest version has a few 80's charts thrown in. I guess it all makes sense if you're coming to it with a sense of stock-market/economic history etc already.

One of their claims is that the patterns don't change that much over time. Some of the typical formations I see on charts now are just not discussed unless I just am interpreting them wrong.

David
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