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: James Strauss who wrote (8192)	5/30/2001 1:53:52 PM
From: dennis michael patterson	Read Replies (1) of 52237

I get INSP as well when I click. What you do not explain is why you think each of the levels of support WILL fail. As far as I know, there is no way to tell that in advance. If possible, please explain how you can predict support failure. My understanding is that all you can do is to look and see if support holds. If it does, you have a bottom. If not, you then look to the next level for a bottom. In fact, on your theory, 1600 has no reason to hold. As you state, if it does hold, that will be a double bottom. But that is a grammatical point only

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