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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (14420)11/26/2002 2:41:05 PM
From: mishedlo  Read Replies (2) of 57110
 
The term anti-venom is a stupid one. What he is referring to is a full stochastic bounce off the 50 line. Normally stochastics cycle from top to bottom or perhaps 80 to 20 but AV is just a bounce before we cycle, off the 50 line.

A DB is a move from top to bottom. Death Blow. Full stochastics above 80 to below 20.

Best situation for bears is when daily weekly and monthly are all at the same place (above 80 and the Monthly does a full sto DBLOW).

M
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