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If these academic brain busters had performed a cursory examination of
available TA literature, they could have found the inverse H&S pattern
described as a Cup And Handle in O'Niel's book and the most profitable
patterns already tested in Arnold's PPS Trading System book - both
written some years ago. Another couple of hundred years and they might
stumble on Fibonacci ratios! A few more centuries and they might
discover basic Elliott Wave.
Earl
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