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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (20860)	11/29/2000 8:16:23 PM
From: HairBall	Respond to of 65232

Jill: Last reply then I have to log off. A symmetrical triangle is not the same as a bear flag. However, the volume was decreasing. If you doubt me run a 5-day SMA of the volume during that time period and you will see. By the way I do volume analysis of chart patterns much different than do Edwards & McGee. My volume analysis is built into technical indicators I use in tandem with chart patterns, trend lines and price action horizontal support/resistance points. Go to the MDD Thread header and click on the link to chartpatterns.com. It is one of my favorites as it sticks to the basics (the best way to trade and invest) and it is straight forward. Be sure to not only look at the chart examples but pay close attention to the illustrations of the formations, as they really drive home what the ideal formations look like IMO. Regards, LG