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Post# of 24977
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Re: tagthatstock post# 4827

Sunday, 02/29/2004 5:29:17 PM

Sunday, February 29, 2004 5:29:17 PM

Post# of 24977
chart patterns,, note that the example posted does not apply to all stocks. Ie: look at mfluties channel plays, I may have a stock on my radar to run, and he may see a dif pattern that says it gives up after every good pop. it can go either way, on a variety market conditions. He has had great success in those stocks sticking to his channel targets, but the ones that ran farther are not losers either,, they just broke a trend. Either way it would have been a very good play.

so think of stocks like people,, they have moods and they make and break rules just when you arent looking. :)

I fugure there are alot of chart patterns that could eat up a t/a persons brain cells,,

And another reason why you see so many t/a based newsletters-we can see it,, f/a requires digging into what you cant see so easily.

Gotta go,, going to a party tonight.





Benjamin Graham: "You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right"

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