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To: Moominoid who wrote (806)	1/11/2001 4:33:14 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 12411

Good observation!!!!! There are many subtle varieties to this pattern, but what I described to you is the ideal pattern and the model from which all other variations can stem..... the second day is not required to close lower, but it must have a higher trading range... there could also be two or more trading days that comprise the 'second' day of the pattern, the same thing for the 'third' day... the middle days would have a higher, yet narrower, range from the first day and the 'third' day then takes out the lows of all the middle days and then closes above the high of the 'first' day..... Ideally, the second day should close lower than the close of the first day's close..... Did I leave anything out? GZ