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<DIV><FONT color=#000000 size=2>The CPWR uncertainty here may relate to the
rumors that IBM may be eying it for take-over.</FONT></DIV>
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<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>Norman M. Cabana <<A
href="mailto:ncabana@xxxxxxx";>ncabana@xxxxxxx</A>><BR><B>To:
</B>RealTraders Discussion Group <<A
href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>><BR><B>Date:
</B>Sunday, May 23, 1999 10:02 PM<BR><B>Subject: </B>Re: GEN: A flag? A
pennant? Meaning?<BR><BR></DIV></FONT>Linda,
<P>Want to have some fun? Take a look at a 1 year chart of CPWR.
There appears to be a flag or pennant there, but reversed. The chart
is going from higher highs to lower lows and each swing goes futher than the
previous one. If it continues, then CPWR will see well in excess of 60
within a few months and then a drop below 20 there after. I've never
seen this particular pattern before.
<P>Norm Cabana
<P>Linda Swope wrote:
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Hello all, I have a lot to learn about patterns. I am not
making any trading decisions off them, rather I am trying to make sense
of what I see and understand traditional interpretations. When I
look at a 12 month daily chart of INTC, I see a pattern, but I don't
know whether to call it a flag, a pennant, or a wedge. And I
don't know what it means. What is the traditional line of thought
regarding a pattern like this? Again, I'm just trying to add to my
knowledge base and I appreciate any feed back! Have a good trading
week... <BR>Linda <BR>Swope's Mountain Photography <BR><A
href="http://www.swopephoto.com";>http://www.swopephoto.com</A> <BR><A
href="mailto:linda@xxxxxxxxxxxxxx";>linda@xxxxxxxxxxxxxx</A> <BR>Climb
the mountains & get their glad tidings: Peace will flow into you as
sunshine into flower; the winds will blow their freshness into you &
storms their energy, & cares will drop off you like autumn leaves.
John Muir 1838 - 1914 </BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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