Re: [RT] ES megaphone

["BobR" <bobrabcd@xxxxxxxxxxxxx>]

I was seeing a broadening top and broadening bottom 
on the 30 minute bars.  They had to be scrunched up in order to show the 
formation.  Bulkowski in "Encyclopedia of Chart Patterns" discusses 
megaphones at length.  What you see as squiggly lines, someone else sees as 
a potential short trade.  Dropping down to 5 minute bars with a weak tape 
is how I saw the trad this morning.
 
bobr
 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Dan 
  Harels 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Friday, May 16, 2003 7:32 AM
  Subject: Re: [RT] ES megaphone
  Bob,You may hear a megaphone, but all I see is a 
  bunch of squigley lines.  If you don't mind me mixing the metephore, 
  could you walk me through what you are seeing?Thank 
  you,Dan>From: "BobR" <<A 
  href="">bobrabcd@xxxxxxxxxxxxx>>Reply-To: 
  <A 
  href="">realtraders@xxxxxxxxxxxxxxx>To: 
  <<A 
  href="">realtraders@xxxxxxxxxxxxxxx>>CC: 
  <<A 
  href="">fibonaccitrader@xxxxxxxxxxxxxxx>>Subject: 
  [RT] ES megaphone>Date: Fri, 16 May 2003 01:50:38 
  -0700>>Is the megaphone shouting or what?  Let's see what 
  it sounds like over the>next couple of 
  days.>>bobr><< ESmegaphone.gif 
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