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To: AllansAlias who wrote (22968)11/28/2001 4:04:47 PM
From: NOW  Respond to of 209892
 
Ah, thats what i wanted to hear.
Mind you, releasing news that GS has Bin Laden in a bank vault somwhere overnight would fit with things so far.
I am willing to chance that.



To: AllansAlias who wrote (22968)11/28/2001 9:19:41 PM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
Allan,

An overdue reminder to post something on EDs vs. rising/falling wedges.

The relevant E&M passage: "Prices almost always fluctuate within the wedge's confines for at least two-thirds of the distance from the base to the apex; in many cases, they rise clear to the apex, and in some, they actually go a short distance beyond, pushing on out of the top in a last-gasp rally before collapsing. Once prices break out of the wedge downside, they usually waste little time before declining in earnest. The ensuing drop ordinarily retraces all of the ground gained within the wedge itself, and sometimes more."