Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: illyia who wrote (57840)	10/27/2002 1:08:26 AM
From: mishedlo	Respond to of 209892

Goodness! Expand the focus to encompass new ideas! And, take that wedgie to another level, would you.... John might suggest that the problem is that wedges etc have been taken to "the outer limits" already. I am afraid for his sanity if we have to allow for time curvature and other higher level constructs as well as abject creativity. I am no expert on formations but I could not find a wedge. I sort of see one after the lines were drawn but I bet I can find others if I try hard enough, and a few allowances are permitted. If you permit me to curve the wedges I am sure I can find a dozen more with no problem. M

To: illyia who wrote (57840)	10/27/2002 1:43:00 AM
From: Shack	Respond to of 209892

That is no wedge. That is an impulsive move up, distorted by time I don't understand this illyia. Why is this not a wedge? Either price is contracting or it is not. If it is, then it should be looked at as a potential wedge and traded as such (althoguh I admit the COMP wedge is not coiling strongly and won't likely produce much of a move either way). And I don't see how it can be impulsive up with all the overlap. What on earth makes people think that charts are two dimensional! Can you explain what this means? As far as I am concerned, I see charts a function of time and price. Nothing more.