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Strategies & Market Trends : Raptor's Den II -- Ignore unavailable to you. Want to Upgrade?

To: velociraptor_ who wrote (713)4/24/2003 11:43:35 PM
From: da_cheif™  Read Replies (2) | Respond to of 3432
 
Well i just went thru a trendline chart book...High volume bottoms are climactic spike affairs...but every diagonal triangle bottom i found was on declining volume...the resulting turns were dramatic....maybe my charts lie...wadya say...no disrespect but 30 years of doin this kinda stuff just doesnt jibe with your statement.....the high volume usually occurs on the big reversal



To: velociraptor_ who wrote (713)4/25/2003 11:26:09 AM
From: Henry J Costanzo  Read Replies (1) | Respond to of 3432
 
<<Ascending triangles are valid bullish patterns if they are associated with rising volume>>

Wish to record respectful disagreement.......valid triangles must show falling volume....(with rising volume at the breakout


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