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Diamond is usually a continuation pattern.
Look to see which direction the market was headed when the Diamond began and
when the Diamond completes it should continue in the same direction.
Multi-facetly,
Norman
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A href="mailto:t-bondtrader@xxxxxxxxxxxx";
title=t-bondtrader@xxxxxxxxxxxx>t-bondtrader
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>RT
Sent: Tuesday, February 27, 2001 5:52
PM
Subject: [RT] S&P Rough Diamond
To me, this is just too interesting not to
ask for comments. Anyone got any idea on how to play this sort of
pattern. Clearly over such a large period will probably mean that
the unfolding of whatever it portents could take ages - except, look at the
left hand side!
Could that happen on the right hand
side???!!!!!! Just look at where the Pitchfork is
pointing????
Otherwise it was a great day on the
bonds....
Bill Eykyn
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