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To: Big Dog who wrote (59383)1/30/2000 1:54:00 PM
From: stevedhu  Read Replies (1) | Respond to of 95453
 
Big Dog, how do I describe this? The best I can come up with is imagine a flag pole with a pennant on it " I> " I realize that's a poor example but you can get the idea,
I hope. The pennant will come to a point, and the stock will then move up or down, with no guarantee which way, this is done with charts by connecting lines based on different parameters. Now do you understand? Please let me know if you do, so you can explain it to me.
Take Care
Steve



To: Big Dog who wrote (59383)1/30/2000 3:05:00 PM
From: Snowshoe  Read Replies (1) | Respond to of 95453
 
Big Dog, here's a link on flagpoles and flags. Technicians focus more on the flag (pennant) than the flagpole. The flag is the consolidation period...

arec.umd.edu