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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: GTC Trader who wrote (28334)	3/17/2002 8:20:51 AM
From: Rashid Garuba	Read Replies (1) \| Respond to of 59879

Ken, Patterns like this are said to resolve in the direction of the prior trend, in this case up. However this applies more to flags and pennants than triangles. The beauty here is the top trendline is obviously being traded as it is extremely precise. One of the joys of trading is nobody has a gun to your head.. you can simply wait.. And never, ever think you've missed the train because you missed the first day of the breakout. When DROOY breaks it will last more than a day. That said, if DROOY decides to fill the gap. I will buy at it's bottom... Rashid