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Strategies & Market Trends : Strictly: Drilling II

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To: TheBusDriver who wrote (12208)5/13/2002 9:19:01 AM
From: isopatch  Read Replies (2) of 36161
 
Hi Wayne. Yes, parabolic is when the price

curves in a sharper and sharper ascending arc, til it's going straight up. After significant %age gains at more gradual rates of increase it usually evidences a top of some importance is near.

When it comes to specific stocks, everyone has to come to their own conclusion as to which of the three bull market stages it's in.

Iso
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