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To: Eakole who wrote (5245)12/3/1997 2:35:00 PM
From: Carlton G Glenn  Read Replies (1) | Respond to of 9262
 
Hi Eakole, Enjoy your reads.
GTNR; Rallys of 92, 93, 95 and 97 to date have each produced a lower high. Drawing a trendline from the 92 hi to current high indicates the stock is at a very critical point.. It appears that 1 5/16? needs to remain intact for the AT to continue and that a close at 1.25 would break it. My question, how critical are these levels and would a one or two day violation cause significant damage?
Thanks, Carl



To: Eakole who wrote (5245)12/3/1997 9:38:00 PM
From: HeyRainier  Respond to of 9262
 
[ GTNR ] Just making sure we're on the same stock...GNTR doesn't exist. BTW, great post on the Ascending Triangle.

Regards,

Rainier



To: Eakole who wrote (5245)12/4/1997 3:08:00 AM
From: Galirayo  Read Replies (1) | Respond to of 9262
 
[ Chat ] Eakole,

Thank you for your ideas and TA on GNTR.
I'm glad it fit the pattern. I'll be looking for those Pennants Flags Wedges Triangles .. and Rectangles too.

>> I know my writing these observations has helped me. <<

Wanna hear a little secret of mine?? There will never be a better opportunity for you or I to fully understand TA (or anything for that matter) than when we try to describe our ideas to help or teach another. All the study and other stuff cannot crystallize the meaning of TA like it does when we put our words out on a Forum like this to help the readers.

I've grown tremendously by putting my thoughts out in a ... simple post ... a common reply.

It's really kind of odd but I think I may look even closer at a stock someone asks me about than one I found on my own.

I'm Glad you have decided to join in.

Happy Holidays & Bids, Eakole.

Ray