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Strategies & Market Trends : P&S and STO Death Blow's

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To: 16yearcycle who wrote (5306)8/17/2002 5:45:22 PM
From: Win-Lose-Draw  Read Replies (1) of 30712
 
to my mind - and i'm not saying i'm right - it's a "V" if i can go out for lunch and miss the bottom by more then 5%. if it's within 5% of "the" bottom for a couple of weeks or more, i don't really think of it as a "v".

it can look like one when you pull up a multiyear chart, but if you think about it in an "in the moment" sense, it isn't, really.

like i said, that's how i think about it, doesn't mean i'm right.

EDIT: i certainly hope i'm not giving the impression of slamming you, because that is certainly not my intention. i'm just trying to figure things out like everyone else...
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