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

To: Paul Shread who wrote (42265)	2/7/2001 6:10:24 PM
From: Doo	Respond to of 42787

Yeah, thanks. It's helpful to know what your requirements are when looking at your charts. FWIW, the most objective way I've ever seen to draw a pattern, and it's what I'm using, is 4 true reversals within the pattern....two each side....and begrudging intolerance of overshoots, drawing from the intraday highs and lows. I'd rather redraw the pattern a bit, at a latter point, than permit much slop or overshoot. Otherwise, I think it's asking for subjectivity to infect the effort. We're playing for breakouts, not fake outs. Also watching volume, of course. Thanks again.