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

To: Chris who wrote (28998)1/31/2002 8:35:25 PM
From: Chris  Respond to of 52237
 
TRAILING STOP IDEAS

reefcap.com

look at the chart for example



To: Chris who wrote (28998)1/31/2002 9:14:06 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
A few observations on the SPX:

First, the lower broadening top trendline stopped the decline at 1180 yesterday:

cache.wsrn.com

It also may have a down channel forming with a parallel upper trendline.

Second, if I remember E&M correctly, when a broadening top breaks (when it went below 1114 in this case), it often rallies back into the pattern before turning back down in earnest (see figure 87, Air Reduction Co.). FWIW.


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