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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Laurie who wrote (23320)	11/21/1998 10:32:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79273

Laurie I am glad you asked that because I was wrong when I said they generally signal a reversal. Shark patterns can also be signals of continuation of a trend. Reversal pattern would be a change of trend. From up to down or down to up. Continuation is simply a following of the trend. Need to follow the shark buy and sell signals to determine which way the stock is likely to go. For a more in depth discussion of the shark fin pattern refer to the Oct 98 issue of TASC. The article I referenced in earlier post is a sniplet of a much more indepth article. The Technical Analysis of Stocks and Commodities magazine IS A MUST FOR ALL TA based traders, IMO traders.com ht david