[RT] Re: May25th View

["Haytham Albizem" <H.Albizem@xxxxxxxxxxxxxxxx>]

Tim,
 
Thank you for sharing your thoughts and thinking 
process for last Friday 5/25/2001. From paragraph #9 I understand you were 
favoring continuation of the trend down because of unfilled gap down 
by the end of the day last Friday, this point, was the key point I 
perceived in your determination of favoring the trend lower, I was concentrating 
on the triangle formation and overlooked the unfilled gap down inside the 
triangle. I learned from this.(probably the presence of the the gap 
down inside the triangle favors break-down than 
break-up)
 
I want to ask you why do you think water formations 
tend to make mirror images once one is complete, is there any statistic to 
support that?
 
Thanks for your input.
 
Best,
 
Haytham
 
P.S. I was planning to post some comments on 
NASDAQ  tonight but your Gif pictures explained what I want to 
say.






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