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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: David N. Jones who wrote (25417)7/5/2001 8:17:50 AM
From: Dominick  Respond to of 34824
 
You could fill a book with bullish breakout patterns...but then you could also fill two books with breakout patterns that failed.

That about says it all. All we could do is look at a chart and determine what the outcome should be according to the patterns. But since the market is never wrong, the stop takes us out and we go back to the chart to see what we missed.

Dominick