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Strategies & Market Trends : Point and Figure Charting

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To: james ball who wrote (18319)	4/17/1999 7:49:00 PM
From: Casaubon	Read Replies (1) of 34811

I could be mistaken but, the report on the service only catches the pattern of the triangle once it is fully formed with the conclusion of the 5th column reversing up. I was wondering if I could scan for stocks which were still in the fourth column, while still in a downtrend before the stock reverses up in the fifth column, to try and anticipate the formation of the triangle and subsequent breakout. I understand this is a preemptive play ahead of the true P&F style, but it would allow me time to do a complete fundamental analysis of stocks which might enter the bullish triangle formation.

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