The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (37250)	10/5/2000 6:41:00 AM
From: bazan	Read Replies (1) of 79382

Doug, <<And any losses incurred in XCED can now be erased in same here.Compression bottoms are at work again. Compression bottom leaps to the upside have not shown that the general market downtrend is over yet but they sure do make money when used properly.>> I think I may understand J Cotton's posts easier than the above. LOL But really can you explain the above in layman terms? Does XCED look ready to pop? And how can I understand/recognize this "compression bottom"? Spill yer guts, please. TIA bazan

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