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Non-Tech : The Critical Investing Workshop

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To: Poet who wrote (13787)4/15/2000 5:17:00 PM
From: pinhi  Read Replies (2) of 35685
 
Thanks Poet. You know, from a TA perspective it has been said that a double bottom is a very powerful bottoming formation. The first bottom at around 105 back in Jan. or there abouts with the second bottom forming now. It has also been said that it is good if the second bottom is slightly lower than the first. Thirdly, it is said that if the two bottoms are far apart, even better. I have heard that these patterns can be explosive on the upside. So maybe we do get a lower bottom on Monday (but not too much lower), then maybe some interesting comments on the Tuesday conference call and then, well who knows. Whatcha think. Am I just being hopeful, wishful? Any other TA types comments?

TIA
Pinhi
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