      The question then arises: "How do I determine what technicals to use,and under what conditions?" The answer lies in the time frame beingconsidered. There are no technical patterns that will effectively predictprice movement indefinitely. For some securities, such as United States T-Bills, Notes, and Bonds, long-term trends that last from months to manyyears can be seen. For equities, patterns tend to be of a shorter-termnature. There are, of course, exceptions to the rule. The point is thatsecurities display specific, predictable patterns that will last forvarying periods of time. Therefore, because of the fluctuating nature ofthe market, technical indicators are effective only until the currentpattern changes.