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


To: Casaubon who wrote (209)7/17/1999 6:10:00 PM
From: sean sanders  Read Replies (1) | Respond to of 967
 
Casaubon,

I will probably order Nison's first book via barnesnnoble on line here soon. I saw it at a bookstore and it was fairly thick etc ... I could use a good reference book.

I don't think I am exactly fearful of the market I just want to be abel to trade from both sides and knowing that last year at this time we had a nice correction also like you mentioned Y2K concerns. Although I'm not sure how much trading I will be doing near Y2K.

I don't feel as confident as you that SCH will break to the downside ... ie upward trendline from 6/15 6/28 and now fridays data ...
personally I'm not in the mood to play one of these internet stocks ie
I had a bad experience recently. But it looks like a good one to watch thou and learn some T.A. form it ... ie if it goes downmore and breaks that trendline I will assume we have room to move down a bit.

Sean



To: Casaubon who wrote (209)8/2/1999 11:46:00 AM
From: Casaubon  Read Replies (1) | Respond to of 967
 
well, the bearish formation on SCH seems to be working out nicely.

As for CENT, I was looking for a spring which didn't materialize. In fact, this stock seems to have formed a descending triangle, which should resolve negatively.