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Sunday, February 19, 2006 8:30:01 PM
with a bullish measured move and rising wedge forming an ascending triangle went to a double top/head and shoulders [along the way there was bullish engulfing, a hammer, an inverted hammer, morning star, bullish harami and bullish abandoned baby], then there was a bump and run reversal going into a descending triangle/falling wedge leading into a rounding bottom, bouncing off a triple bottom into a head and shoulders bottom [along the way we had dark cloud cover, with evening and shooting stars, bearish engulfing, harami and abandoned baby]
we had validations of upward trend and downward trend lines, we passed through supports and resistences, while along the way candles formed of every kind...marubozu, spinning top, doji [long legged, dragonfly, gravestone], hammer/hanging man, inverted hammer/shooting star, white and black
we had common gaps, breakaway gaps, runaway gaps...and exhaustion gaps
conclusion
charts dont mean a freaking thing
through all the supposed TA i have seen espoused, results have been essentially 50/50...or, flip a coin and you will get the same degree of accuracy
[but it all sounds pretty nifty]
GOOOOOOOOOOOOOOOOOOOO BKMP! ;)
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