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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: The Perfect Hedge who wrote (7548)	3/4/1999 10:45:00 PM
From: bobby beara	Respond to of 99985

B* schwab broke out of the triangle to the upside, so I have to say my read was probably wrong and the triangle was a wave 4 triangle, not a 5. I see the bullish resolution here as more probable. thanks i'll look at blls again. bb

To: The Perfect Hedge who wrote (7548)	3/5/1999 12:53:00 AM
From: Death Sphincter	Read Replies (1) \| Respond to of 99985

B....my opinion on SCH...i am playing it so it is my money ....it is in an ending diagonal...this is Ewave stuff and it goes along with conventional TA stuff.....it is at its end..it should not be allowed to exceed 79 something....as an ending triangle it is common to see this last little 'spike' stick its nose just above the triangle trend line.....it is a 'false breakout' in conventional TA ...it is a fakeout......the 60 min MACD is also saying "LIAR"!! your June's are safe in my book....and you will see 50's this is from a guy that SMELLS REAL BAD