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Strategies & Market Trends : Charts for Bottom Breakout

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To: Tom Shutters who wrote (3094)3/15/2002 9:01:09 AM
From: Ed Huang  Read Replies (1) of 3105
 
TOM, It seems to me LU is facing three equal probability right now, 1. It's found the bottom and move back up significantly from here. 2. Moving side way in a trading range in the near future. 3. Make a short-live bounce up then continue the lower high and lower low debacle. I would play very defensively.

Good trading.
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