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To: Rambi who wrote (52249)	9/11/1998 12:41:00 PM
From: ViperChick Secret Agent 006.9	Respond to of 58727

yeah me too..but Don isnt around right now...find LG...who hangs out on the Kahuna thread and here...he is a big triangle guy....and he is around right now

To: Rambi who wrote (52249)	9/11/1998 1:06:00 PM
From: HairBall	Read Replies (1) \| Respond to of 58727

penni: Descending triangles are a downtrend formation. The trend begins the formation at a low. Lows are established along the same price plane. Highs slope downward. Breakout is usually down with the trend. I don't see a descending triangle on the 5 min actual Dow Industrial chart. I do see in todays intra day actual 5-min chart a price rise into the start of a symetrical triangle. Its norm would be to break with the trend, that it formed from, up! However, it is a very short term formation and may portend only an intra day move. BWDIK Regards, LG EDIT: Also note, this formation in encompassed in a much larger bearish flag formation! (See actual day chart or 60-min actual chart)