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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (39134)8/21/2002 12:20:30 PM
From: AllansAlias  Read Replies (1) of 52237
 
Maybe if you look at the daily, but cutting out the noise, almost all bottoms are after sharp falls, and the rise out sharply as well; they very rarely make double-bottoms and even very deep re-tests are infrequent. Up to the end of the bear of the 1960's/80's, the only decent double-bottom was 1974 (Oct and Dec). This is all basis the Dow.
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