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Strategies & Market Trends : Ask DrBob
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To: longdong_63 who wrote (1618)8/25/2000 9:27:56 AM
From: ronz28  Read Replies (1) of 100058
 
Clearing out stops
I think yesterdays trading a little above the top line of the wedge before the apex often occurs to take out the stops of the shorts just before they slam us down. They run the long stops the same near the apex of a declining wedge just before the breakout to an uptrend. No guarantees express or implied (LOL).
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