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hayseed  
#1 Posted : Friday, October 21, 2005 12:52:25 PM(UTC)
hayseed

Rank: Advanced Member

Groups: Registered, Registered Users, Subscribers
Joined: 3/7/2005(UTC)
Posts: 1,346

there's nothing more inevitable than the inevitable..... trouble is it kinda sneaks up on ya and then says 'boooo'.... metastock can minimize that fright abit thru alerts but more so thru layouts..... by refering to past levels you can at times see that inevitable spook coming or at least have some idea of whats next..... from the prior post on creating fundamental type indicators, csco's pe resistance stood...... the same indicator can hint of csco's pe support.... from the prior post on the 50ma common sense, the market succombed to jupitors gravity.... the 50 can pull both ways.... from way back post on john murphys plugin, the broad market direction can at times influence chart pattern outcomes…. that being said, chart patterns often do work to our benefit… there are both psychological and financial/technical reasons for them working and many sites explain both….. certain patterns seem to work best in certain markets…. , these are those times..... such as double bottoms seem to fail more often in declining markets, yet can stand more often in rising markets.... so where is all that headed.... creating some broad market type layouts, meta includes some, can give a hint at past potiental turning points..... its those points that can often help pe's support stand, the 50 ma's pull up, patterns stand or fail,,,,, and so on......... that jack-o-lantern ain't nearly so scary if meta told ya last week it was coming..... boooo.....h
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