MTD Infra & Iris - Comments - Failure of Cup & Handle

Ichithe killer has posted comments on the Iris - Bullish Breakout posting I made on 13 July. He has some very pertinent comments which I encourage you all to read.
http://talkingstock.blogspot.com/2006/07/iris-bullish-breakout-possible.html

This is what I said to Ichi:
Thanks Ichi, your comments are welcome. Yes you are correct which is why I state that we have to be careful & I mention that traders have to sell if it falls below a certain level.
1) For MTDInf I mentioned that it had to have convincing breakout above 1.44 & traders must sell if it falls below 1.40 which happened.
2) For IRIS I stated that it had to rise convincingly above 1.38 for pattern to be valid. It did not rise above this.
TA is still an Art not a Science. Unfortunately our markets can also be easily manipulated & this does happen like you say.
I believe if we all share our comments & thoughts regularly we can all do much better. Keep your comments coming they are very welcome.