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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (13658)	1/30/1998 11:27:00 AM
From: Simon	Read Replies (1) \| Respond to of 94695

Mr. Shark Will check out AXP. RE: csco You can get caught up in the daily action and not see the pattern. I was looking at csco the other night and saw the > but it was part of a forming larger pattern, a bowl. Once you recognize this, it is pretty safe to jump in. AHP did the same bowl and blew out on the news of the buyout deal. That little co. that makes virus protection software,? (now bot by somebody)did the same thing. Strange at the time. I was long 300 and was concerned it might fall off the side of the bowl and before I could figure it out, I got trapped in an 8 pt rise. He,He. I have 12 note books full of 12 different patterns. Strange how they repeat, even down to the one day level. Last spring, dell did a small > during the day. I thought, what the hell, go with the flow and bot 300. Went to get another cup of coffee and it was up 3 & 1/2 by the time I got back. I try to only short patterns, when I just short I screw up.