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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (196)	7/15/1999 8:51:00 PM
From: sean sanders	Respond to of 967

Let's see ... COL: looks like we had a H&S or a desc tri and now we are sitting above the 200 day. DIS: my cousin brought this one up the other day ... I wouldn't doubt if it hit down to 24 again. H&S Sean

To: Casaubon who wrote (196)	7/16/1999 7:41:00 PM
From: sean sanders	Respond to of 967

To All, It seems from my observations that the best time to buy a 'swing' is when it hits a horizontal trendline or one that is going up I should say. ie 6/17/99 in CPQ is an example of the horizontal aspect ... I am watching ABT here; but the day it swung on there is no solid horizontal support or ascending trendline to support on. Hence I watch it with sckepticism. I think if I were to trade a swing trade I would do it with one that has a nice solid horizontal trendline or an uplifting one ... btw trendlines the were strong in the way past can have a large impact on todays happenings. At least that was my experience with AFM recently. Sean