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| | Bill Cara: Cara Accumulation/Distribution Zone, Thur., May 26, 2005, 9:28 AM (Site not responding. Last check: 2007-10-20) |
 | | Firstly, I call it a “zone”, and not a decision to accumulate or distribute, because a decision or recommendation on my part is personal, and involves the study of a number of technical factors plus fundamental, quantitative, and macro-economic factors, whereas a zone is what I see in the market that other traders are doing. |
 | | And when you have finished accumulating (point 3), you can see the length of the period from cycle points 3 to 5 (start of distribution) is much longer in a rising trend, and shorter in a falling trend, than the end of a distribution zone (point 7) to the next point of accumulation (point 1). |
 | | So Accumulation can also refer to a strategy over a time frame, whereas a Buy is a tactic at a point in time. |
| www.billcara.com /archives/2005/05/cara_accumulati.html (2505 words) |
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