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To: dennis michael patterson who wrote (1373)2/28/2001 8:11:53 AM
From: dennis michael patterson  Respond to of 52237
 
Cup 'n Handle classic:

askresearch.com



To: dennis michael patterson who wrote (1373)2/28/2001 8:59:11 AM
From: donald sew  Read Replies (2) | Respond to of 52237
 
Dennis,

>>>> Check out this wedge!
decisionpoint.com <<<<<

I believe yesterday on CNBC an analyst recommended the insurance sector. This is where I have a real problem with analysts who recommends after a strong rally. These analysts have plenty of technicians in the back room who are seeing the same wedge, and I feel(my opinion) that those analysts are fully aware of these basic negative signs, but they still recommend them. Assuming that they know that technical negatives are nearing, why do they recommend at such time. The only thing I can think of is they may have an alternative agenda.