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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (56477)10/27/1998 12:45:00 PM
From: Debra Orlow  Read Replies (1) | Respond to of 58727
 
LG, I totally agree with you on the fact that one must look at all indices to get a better feel for any one of them. But I respectfully disagree with the following:

DESCENDING TRIANGLE formations are less likely to be found at reversal points, as this would be IF the market reverses.

In classical Edwards & Magee, a descending triangle IS a reversal pattern.

Deb



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