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Strategies & Market Trends : NetCurrents NTCS
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To: Jill who wrote (4418)11/12/2000 11:03:13 PM
From: Teresa Lo  Read Replies (1) of 8925
 
It works with daily, weekly, monthly charts too...the key is picking the timeframes so that they are spaced reasonably well.

I always said that this whole thing was a parabolic, but with parabolics, timing the top is impossible. What we do then is each time it comes to test an old high, you have to be ready that this is the top, and a chance for it to break.

This was my opinion on January 3, 2000: 204.244.168.151

Some of the stocks did break then, such as QCOM, which broke the next day, I think.

Teresa
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