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Strategies & Market Trends : P&S and STO Death Blow's
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To: 16yearcycle who wrote (13633)11/5/2002 12:27:59 PM
From: ajtj99   of 30712
 
Eugene, we haven't broken the uptrend yet on that chart, and the weekly is still above the 20-EMA as well:

stockcharts.com[h,a]wacayiay[dc][pc20!c100!f][vc60][iut!Um12!Ui14,3]&pref=G

Weekly stochs have not rolled over yet either on that chart.

I got in trouble last year anticipating tops. I've found it's better to wait for them to be confirmed. Confirmation usually happens quickly, like August 23 of this year.
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