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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: augieboo who wrote (3858)	7/23/2002 10:01:32 AM
From: ajtj99	Read Replies (1) \| Respond to of 30712

Augie, if you take the low (927) to the high (964?) that's 37 points. If the breakdown point is around 957, isn't the target area 920? The other thing is why isn't the high after the low the height of the flag? Also, it appears some people measure the flag like a rectangle, and calculate the breakdown point from the bottom of the formation. Is that the proper way to do it? If so, doesn't the target reach 890? Just trying to learn how to measure a bear flag. TIA!