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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: The Phoenix who wrote (19432)2/23/2000 12:26:00 PM
From: Doppler  Read Replies (2) of 63513
 
Hi Gary- old BRL was 18 to 13.5, new BRL is 21 diagonally down to 18.5 (if I'm doing it right which is debatable since I'm fairly new to PnF). Also I thought shakeouts needed equal tops on the X's (or relatively equal). Didn't the print at 17 give a sell signal on a double bottom? . I also am still trying to understand the overbought/oversold readings, but on DWA charts it shows the weekly as being within a hair of being totally overbought. To my untrained eye it looked more like the kind of a chart that I thought was a short candidate given the current field position. Best of luck with it, I obviously have a lot to learn, and any inputs would be appreciated. Got to run for now, but look forward to hearing from you. Jeff
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