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

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To: donald sew who wrote (21148)10/9/2001 4:39:48 PM
From: Nancy  Read Replies (1) of 52237
 
don,

i know your stat shows a decline of 7% or more has a high probability (90% ?) of retest.
would that means from peak to bottom, and also includes a bottom that broke down (i.e. from 1600 to 1380 recently) ?
what i dont understand is the within 7% being a successful retest ? can you use an example to illustrate it ?

tkx
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