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


To: Killswitch who wrote (32813)3/22/2002 12:24:55 AM
From: KymarFye  Read Replies (2) | Respond to of 52237
 
I dunno... maybe the slope isn't SO radical, or the pullback SO deep... Bulkowski gives an example of a "good" flag that isn't so much worse in those respects... But he gives some failed patterns that have other similarities...

Other aspects of the landscape may predominate, and the pullback from a snapback from a major pullback from a maor snapback from a MAJOR crash character of the moment makes it harder to figure, or to get too excited about, at least for me. IF it's a flag and IF it breaks tomorrow, and if all that other stuff in the way doesn't matter, then it might project to a re-test of the January high or so, sooner or later... but I'll believe it when I see it... and, even if I traded in those time frames, I wouldn't be desperate to get on board right now...



To: Killswitch who wrote (32813)3/22/2002 12:23:24 PM
From: Davy Crockett  Respond to of 52237
 
Agreed FWIW

Although, as always, stock selection is critical.

Regards,
Peter