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Re: duediligence2 post# 1784

Tuesday, 01/02/2007 5:05:06 PM

Tuesday, January 02, 2007 5:05:06 PM

Post# of 51429
T/a > 6 mo. BBcompressed price chart breakout Dec.8th. John Bollinger,the inventor of the Bollinger Bands{BB},in his book say," price accelerates in the direction of the price breakout of the compressed BB soon after price chart completes the tightest compression on the 6 month price chart." When all the other indicators charts confirm , as with HMGP, the above BB breakout by price the trend will last for several months. The fundamentals then become the driving force of the ongoing Long term trend reversal by price. This is a Textbook t/a pattern as described by John in his book. All the above normally follow long sharp price down trends that then base for 2 to 6 months before a price breakout of the compressed BB. We work for dd accuracy ,& timely t/a projections. Thanks for reading connected dd posts. Thanks for all the work of board members that value dd accuracy & timely t/a. Tia

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