Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: dawgfan2000 who wrote (6750)	5/2/2001 1:01:28 PM
From: Terry Whitman	Read Replies (1) of 52237

dawg, it's really dependent on who you ask, or what book you go by. Since you asked me...<g> A 52wk high is significant, and an all time high is usually MORE significant is the way I would say it. If you had waited for a new all time high for confirmations in the 1970's, you would have waited a verrrrry long time to make a play. OTOH, in the 80's and 90's, all time highs were the best confirmations. A non-trending market will rarely produce new all time highs, and when it does, it should usually be sold. Maybe Paul will give us E&M's thoughts on it..

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