SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: robert b furman who wrote (1860)5/31/2000 12:47:00 PM
From: shasta23  Read Replies (1) of 33421
 
HI ROBERT!

re follow through

was wondering if with the increased volatility in the naz -which seems to stay with us- a 1% up day is less significant and that we might adapt that too a 2-3% day. I guess the almost 8% will qualify anyways.
Another thing is if the bottom process requires more of a base building? I can often see a nice bottom building, then high volume day up(as a signal going from red to yellow) and then the follow through day 4-10 days later(signal goes from yellow to green). But on the charts that formed a nice bottom it's often associated with some moving averages flattening, the price climbing above the 13 or 21EMA. A lot of high fliers are far from that and the NAZ just barely crossed over the 13EMA.
Just some random thoughts.

Stefan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext