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Re: Al_Capwn post# 31953

Monday, 07/20/2009 8:16:18 PM

Monday, July 20, 2009 8:16:18 PM

Post# of 78069
"Bulkowski estimates the double bottom has a failure rate of 64%, which he terms surprisingly high.If an investor waits for a valid breakout, however, the failure rate declines to 3%. The double bottom is a pattern, therefore, that requires close study for correct identification."