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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Doo who wrote (40755)1/11/2001 8:08:38 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
i agree. paul and i was mentioning about the bearish pennant. but, the market broke out of it..

that is where my indicator comes in where it will show strength (buy signal) or weakeness (sell).

using the 2 together (trendlines and indicators), i have a better picture.

I was fooled by the bearish pennant pattern... yup

that's why you ask 2 TA'ers on the same chart, you'll never get the same answer ! LOL!!



To: Doo who wrote (40755)1/11/2001 8:13:35 PM
From: Chris  Read Replies (2) | Respond to of 42787
 
another chart by john pitera..
i love his stuff

Message 15162050

notice his trendlines dont nick every high's and low's either. but it gives good overall picture.

my opinions only.



To: Doo who wrote (40755)1/11/2001 8:56:38 PM
From: Casaubon  Respond to of 42787
 
I like the way the trend lines are drawn. It shows how subsequent daily rallies found resistance before hitting the reaction highs of the initial burst of buying.


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