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Strategies & Market Trends : Trend Setters and Range Riders
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To: bobby is sleepless in seattle who wrote (1175)1/7/2001 8:50:04 PM
From: Ally  Read Replies (1) of 5732
 
Hi Bobby,

>if glw can close above 57, technically, a good sign...descending upon each level of pivot, not good, and a break below the (weekly) neckline, really not good.<

I notice you use the word "pivot" a lot. Would you mind clarifying for me what a pivot is. Is it some kind of a support or resistance level? Maybe you could use GLW as an example... what are the different levels of pivot? Thanks.
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