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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: David Meyer who wrote (3349)11/29/1998 8:14:00 PM
From: Thomas Sterner  Respond to of 43080
 
Cup and Handle

Who am I to dispute such an esteemed organization as
CBS Market Watch? Anyway, this is not a typical
cup and handle. Usually, the cup has a contour
in which as the price drops, the volume drops and when
the price begins to rise, so does the volume. Also
a handle usually has a downward bias rather than an
upward bias. Finally, the brief rise in volume and price
at the bottom of the cup is atypical.

Tom