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


To: Michael Watkins who wrote (91)2/13/2001 11:44:51 AM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
Not to belabor the point, but I just noticed, thanks to Chris's chart, that the QQQ didn't form a rising wedge at all, either in log (first chart) or linear (second chart). That lower trendline was a little too well formed to ignore, IMHO, with five touches on the 60-min. chart. Nothing personal; the one thing I know is chart patterns, probably the only thing I know well, and I think the wedge calls were sloppy (not just you, a lot of smart traders made the same call).

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