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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Darth Trader who wrote (7557)	4/10/1998 10:56:00 PM
From: richard p. martino	Read Replies (1) \| Respond to of 42787

Chris, Speaking of ascending triangles, do you put much stock (no pun intended) in intraday ascending triangles. I see them regularly in trending stocks and they seem to be pretty reliable. TIA. rpm

To: Darth Trader who wrote (7557)	4/12/1998 8:18:00 PM
From: Chris	Read Replies (1) \| Respond to of 42787

hi darth, unph --- looks like it's in basing mode for the last couple of months. my weekly charts are looking confusing b/c of this basing action. until a move is seen (up or down), i can't pinpoint for sure. i would not initiate new positions until you see strong closes above 45.50 your remark on the ascending triangle was a good catch.. a move should be seen pretty soon imo..