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Strategies & Market Trends : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?


To: augieboo who wrote (163)12/7/2002 11:38:20 PM
From: the-phoenix  Read Replies (1) | Respond to of 941
 
Good point, especially that upper trendline off the January high. I missed that.

Actually seeing some bullish patterns setting up already in certain sectors. Not quite there yet, but the Biotechs and some retailers (WMT) nearing completion points on Bullish Gartleys. At the same time that golds may be nearing a short-term top.

Added these to the Watch List tonight.



To: augieboo who wrote (163)12/8/2002 7:48:33 PM
From: timers  Respond to of 941
 
add another two trendlines to that area.... the 1998/sept low 2001. additionally the support line from 10/18 and 11/11. That makes 4 trendlines all intersecting at the low on friday. By the way.... those lines you drew are on a log chart if anyone is confused. On that same log chart the long term trendline from january 2001 passing through the jan 2001 high gives a high of 1538 presently and about 1510 at the end of december which is the double top area.

(also another trendline to this