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Strategies & Market Trends : Technical Analysis - Beginners

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To: Gale A. Thompson who wrote (1631)	1/15/1997 11:54:00 PM
From: Gale A. Thompson	of 12039

Greetings All....! I have been tucked away learning software (QP and MS). Have a much better appreciation for both now. I would like to truly thank Dave for his magnamous post (#1619). If you're just starting out on MS or TA and trying to get the hang of the sw, this post is a prize. In my short learning curve, I believe the better I can read the charts the better I will do at investing. I think the sw is the tool used to identify the patterns. At least for me at this stage of my development. Sw is the magnet needed to find the needle in the haystack. I have come across some of the chart patterns, like double tops, double bottoms, head & shoulders, reversals (wedges), and a few times I've come across "flags", if that's what they are. CFX is an example. I have seen post in the past by some that when this formation arises, the comments are usually positive. I'm assuming this is a bullish pattern. Could someone explain why this is so, if it is and also could someone recommend a good book on learning chart patterns? Thank you, -- Gt --

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