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To: AllansAlias who wrote (10104)8/15/2001 10:22:26 PM
From: stomper  Read Replies (1) | Respond to of 209892
 
Very nice practical descriptive...interesting. Thanks.

-dave



To: AllansAlias who wrote (10104)8/15/2001 11:18:35 PM
From: Davy Crockett  Respond to of 209892
 
Nice post Allan.

Thank you for the descriptive strategy.

Regards,
Peter



To: AllansAlias who wrote (10104)8/16/2001 12:24:09 AM
From: The Freep  Respond to of 209892
 
Gee, Allan, I was hoping for something a little more specific instead of all those words. You know "bounce at 1873.2123412 going to 1948.23252673 on the first move, retracing 38% of the 62% move, and so on." But I guess your response will do.

Thanks for the great food for thought. Of course, now that I'm thinking about it, this probably means that we bounce here or meander here or something, thus tormenting the brain even more.

the freep



To: AllansAlias who wrote (10104)8/18/2001 10:34:23 AM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Allan, excellent inspired post on trading a Diagonal… Ever thought of publishing in journals? They should be happy to have it.

Sometime in ’97, I bought a stock on my broker’s advice. It was a ‘good’ company, and the stock looked strong, like it was ready to keep moving up. Shortly afterwards, the company had a negative surprise, and I got burned – to the tune of a nice week of skiing in Europe.

A few days later, leafing through a book in Barnes and Noble, I suddenly saw a chart, strikingly similar to the stock I just bailed out of. The caption read: “Ascending Wedge with Bearish Implications”. I’ll never forget that picture…

Needless to say, I bought the book… TA by Roberts and Magee, the “Bible”…

Been into TA ever since… ;-)