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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: john Kurisko who wrote (4992)	3/10/1998 8:31:00 AM
From: TATRADER	Respond to of 7396

NTWK, pattern of stock is rectangle, 7 by 12...Neckline was at 12.. Add 5 difference to 12 and you get 17.00...In a raging bull market, my target would be 20.12..1.62 x 5...But in a market where the DOW is at the end of a rectangle pattern, I use normal measurements of the pattern differential..Actually, it might just make it to 16 7/16, the end of the Bollinger Band channel...Trix down...RS is at 81.747 which is lower than attack on 15....Pring KST down.... Hope some of this makes sense.....Mark