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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Berney who wrote (16795)6/11/1999 7:59:00 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Berney: Well, I read your link...but you never actually said "what" Index you were comparing too...

Yes, descending triangles don't have a very good track record as reversal formations. Unless you've already bet on GE....I would just wait to run down the train once it breaks...which I suspect will be up.

Regards,
LG