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Non-Tech : The Critical Investing Workshop

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To: abuelita who wrote (24500)	7/6/2000 11:59:40 AM
From: Jim Willie CB	Read Replies (3) of 35685

a double top occurs when a clear peak is followed by a smaller peak the second peak seems to be a poor attempt to repeat the first nice clear peak the second peak is regarded as a failure when it characteristically lacks volume, money flow, and wide range of buyers other double tops can be just as high as the preceding such equally sized double tops are not ominous but they seem to happen much less often the failed double top is ominous as hell it usually ushers in a prolonged nasty time period who knows if NazComp is exhibiting a failed double top now? it sometimes appears to be a minor selloff prior to resumption of the uptrend later, maybe much later, Jim

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