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Thursday, March 18, 2010 9:12:03 PM
Yes fed, I was referring to the pattern you posted yesterday.
When I drew it, I actually drew the bottom line all the way across straight so that it touched in two places and the third is the low in the second pennant.
But either way is pretty illustrative. If you do it the way I did, you can see that we are actually in-side an upchannel with higher lows and higher highs.
I think we will be back on the upswing going into April.
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