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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (32650)	10/28/1998 9:19:00 PM
From: Chip McVickar	Respond to of 94695

bearshark Thanks for that commentary. Chip (eom)

To: bearshark who wrote (32650)	10/28/1998 10:32:00 PM
From: Thomas C (Hijacked)	Read Replies (1) \| Respond to of 94695

Bearshark, ya I really like the Edwards and Magee book. Great piece of work. As far as Dell goes well you are probably right. But as long as the right shoulder doesnt break to new highs, this pattern may have something to it. Another great item I learned from that book is rising wedges which I think we are in now. And for a previous occurence of one look at the peak of the Nikkei in 1989December. After the first few days down from the all time high you will notice a rising wedge on a daily basis that looks almost identical to the rising wedge the DJIA has now on a weekly and also daily basis. tc