In my experience I would have to agree with you treggs...
Was just a point of discussion.
By definition, what was pointed out is not a triangle but a continuation wedge.
I'm sure the more appropriate chart [and probably more accurate chart] is one with a completely vertical arrow pointing up from today to the 2007 highs :)
To date there is no confirmation of this pattern.
Example...
I did actually mention this concept in December but had no bites...
http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1063902&msgid=5927124
In my experience I would have to agree with you treggs...Was...
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