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Tripple TOPI

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Hold on to you shorts, 'cos this could be spectacular, then again could be a damp squib.
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28 REPLIES 28
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Valued Contributor
an old trader once told me - buy triple tops and sell triple bottoms.
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Super Contributor
His name start with a Z...by any chance ?
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Hm, on introspection, that could be a massive rising wedge... spectacular in any event, Marshmallows Zarp?
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Valued Contributor
I only quote successful or dead traders.
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Super Contributor
ZARPIE BRO !!! Please awnser !! You there bro ??
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Super Contributor
Well lets ride - I need to push it over that r300 mark
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Valued Contributor
an rising wedge, the most unreliable pattern in charting?
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Super Contributor
Long Jellytots, short Smarties.
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Super Contributor
. . . and you can quote me Simon.
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Valued Contributor
I would never short Smarties.
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Super Contributor
Correct! It was a trick, and you saw right through it. Never, NEVER, short chocolate.
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Quadruple top, heh. Connect the lows, tell me again that's not a rising wedge? Eat wedge, indefatigable (c) bulls!
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Valued Contributor
rising wedge it may be. But I gave up on them after watching a rising wedge play out for over 9 months, and ultimately they didn't help me make money - so I binned it.
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Say it breaks down violently from the wedge, will you then concede pattern supremacy?
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Super Contributor
Rising wedge, tripple tops who gives a jelly tot, can you profit from it. If so smarties for you...
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Valued Contributor
super no, one break does not make a pattern. Just as if it fails to break down you won't swear off it. Trading is about experiences, and my experience makes me stay away (well in truth I only worry about one chart pattern - tis was a long experience).
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The answer is >>>>the 10-yr Treasury Yield(up again at the Open.)..It's starting to get the attention of the herd,who've priced in 'no rate-hikes'..... as well it might.
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Super Contributor
A little closing rally anyone?
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