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Strategies & Market Trends : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?

To: CF Rebel who wrote (421)	7/10/2001 12:17:59 AM
From: HairBall	Respond to of 1328

CF Rebel: I have my trading desk computer shut down for the evening, but I'll post a chart for you in the AM. There are no giant pennant formations...<g> From the Jan 01 top a falling trading channel has developed. Also note a rising wedge has formed originating from the 6/21 low. Check the thread header for more information about chart patterns. Regards, LG

To: CF Rebel who wrote (421)	7/10/2001 8:09:46 AM
From: HairBall	Read Replies (1) \| Respond to of 1328

GX Intraday Chart… My Qchart – GX (Global Crossing) 130-Min Semi-log Chart Per my comments last night, it seems a large contracting falling trading channel (falling wedge) may be developing from the Jan 01 high. Note the current in play rising wedge. A break to the norm would be down. Keep in mind formations can be broken at the occurrence of a trend change. The controlling trend lines of the wedge pattern are lines to keep an eye on. To view My GX Chart, click on the link below and then click on Chart 4 lgscharts.homestead.com Regards, LG