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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (17308)	3/2/1999 7:52:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

Patrick, From Murphy: "The triple top or bottom, which is rarer in occurance, is a slight variation on that pattern (head and shoulders)...Both imply the exact same thing." "Volume declines with each sucessive peak at the top and should increase at the breakdown point...prices must close through the two intervening peaks at the bottom to complete the tripple bottom." "Heavey upside volume on the completion of the bottom is essential." . iqc.com . Murphy goes on to say these patterns are resolved to the Upside. If this holds true....the SPX on stronge volume tomarrow, should see atleast 1277spx. I don't have volume so that part is unresolved. Volume is the Key Maybe some one else can confirm Chip P>S> Where going up tomarrow? I don't know?