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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (5740)3/1/2000 3:58:00 PM
From: Clappy  Read Replies (1) of 35685
 
Volty,

As usual, I have a question.

You wrote,

the Psychological bottom on ELON is $70

I was wondering how you determine psychological bottoms/tops. Is it because where the chart showed the other day's gap up start?
Link to chart:
siliconinvestor.com

Or does it have to do with some percentage of the total runnup?

Thanks in advance.

-Clapper

P.S. I took the opportunity today to jump on at $75.
Who would have thought I'd be happy getting it at $75 when a few days ago I was moaning it had jumped too high to $48...
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