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


To: donald sew who wrote (2632)3/12/2001 3:04:50 PM
From: Stephen  Respond to of 52237
 
Don, from the bits and pieces I picked up about diamond patterns, it would seem that:-

A) they almost always break down

B) when they break they are violent & quick

C) one measurement took the DJIA to just above 8000

If the industrials don't get back into the pattern by tomorrow I wonder whether a negated buy signal might occur which usually is consistent with a bigger counter-move ??

TIA

Regards

Stephen