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

To: jeffsthoughts who wrote (14872)	8/13/2001 5:09:51 PM
From: Paul Shread	Respond to of 52237

IMHO, a pattern is more reliable when it is in the direction of the major trend. Unless my screen has been turned upside down since May 22, the trend has been down. If we had had a stronger breakout, I would take this seriously as a bottom. Instead, I'll go with the rising wedge until it's negated, which the COMPX must do to hit its upside target of 2030 or so from the neckline.

To: jeffsthoughts who wrote (14872)	8/13/2001 5:57:09 PM
From: Debra Orlow	Read Replies (1) \| Respond to of 52237

can anybody suggest material that discusses the reliability of various patterns and or technical indicators? Patterns and their statistics are discussed in Bulkowski's "Encyclopedia of Chart Patterns"....... traderspressbookstore.com Debra