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To: donald sew who wrote (53328)	9/20/1998 4:13:00 AM
From: set	Read Replies (1) \| Respond to of 58727

> the possibility of an ascending triangle forming perhaps not in the dow, but there are some of these forming, for example in EMC and CSCO. Sloped triangles are not very strong formations and the outlook on them is considerably tied to the circumstances under which they're formed. Context is everything. My experience is that when they are big and loose the call is counter trend and when they're small and tight the call is with the direction of the slope. Head fakes are common though, so it can be a messy play and their implications can be delayed, sometimes by weeks. Messy, but sweet, because in both counter and con trend versions the move tends to be big. so that's my experience with sloped triangles. hope it's of some value. Shahar