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| Discussions for The Bear Stearns Companies Inc. | View all discussions |
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| Interesting chart pattern... | ||
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From: leggomyl...@gmail.com
Date: Fri, 14 Mar 2008 09:42:08 -0700 (PDT)
Local: Fri, Mar 14 2008 12:42 pm
Subject: Interesting chart pattern...
I use Fidelity's Active Trader software and have the "cup with handle"
sensor kept on. In the past they have only show up in the charts when looking at long time frames, but for the first time it has shown on the interday chart (for BSC today). Usually the indicators work for a similar duration to the time frame of the chart, so I wonder if that is a short-term buy signal. The handle ended at 11:44 PST with BSC at 32.65. Just for kicks I bought 100 shares intended for a relatively short turnaround. As of now it has already gone to 36.50. Do you think that is the of the significance of this pattern? You must Sign in before you can post messages.
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