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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Poet who wrote (30591)4/27/2000 3:28:00 PM
From: Doppler   of 63513
 
I hadn't seen that, but that is one of the reasons I'm still very cautious. Stocks that break their 50dma usually go to the 200. On a subsequent rally, they usually have at least one failed attempt at a break out. There are also a lot of stocks that are just now rebounding back toward the BRL which is essentially the same thing- overhead supply.
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