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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: bdog who wrote (32069)	9/18/1999 4:24:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79214

Bdog, "Take the days 9/3, 9/7 and 9/8. Connecting the highs one has a V, not a classic IHS. 3 data points." No no no...just use the highs on 9/3 and 9/8 for the neckline. Step out of the usual junk you read in the TA books. Another example would be PRIA from 8/25 to 8/27. On this one the circumstance that makes it significant is the gap up on 8/25 which isolates the formation. As for doji stars being heads of 3 day (I)HS patterns...good observation. Remember, cup with handle, IHS and a few other formations are just ascending triangles with baggage. Don't get lost in the baggage. Doug R