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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 (17334)	3/3/1999 8:58:00 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

Good Morning Patrick, Here are 2 answers to my questions on triple tops from bearshark over on the Big Kahuna thread. The 2 charts...a Triple Top and a Triple Bottom are BOTH VALID..... #1-The 3 month Triple Top suggests the whole market is due for a significant correction. Message 8120186 . #2-The short term 30min chart I linked earlier with a Triple Bottom suggests a sharp UP move today, maybe after a morning sell. Message 8122766 . bearsharks explanation on percentage completion makes a lot of sense. It depends on how many day traders are watching the formations and know what they are...at that moment. How did Globex due last night....at 7:40am the futures were Up Take Care Chip