Winners Circle

[Pay_tience]

rjjm...that is exactly the way to do it! Look for those chart patterns that make sense! You get a good company with decent fundamentals and look for chart patterns that make sense! A hot sector always helps too. In bull market times, the chart patterns most times do what they are supposed to do. In bear market times, the charts can fall apart. I think 2005 is going to be very bullish imho, so the patterns should work out. Nice job on LOOK!

Some chart patterns I look for.....


Reversal Patterns:

Double Bottom
Head and Shoulders Bottom
Falling Wedge
Rounding Bottom
Triple Bottom

Continuation Patterns:

Cup with Handle
Flag, Pennant
Symmetrical Triangle
Ascending Triangle
Price Channel
Rectangle
Measured (Bull) Move

Good Luck!

P