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Strategies & Market Trends : Charts for Quick CASH $$$

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To: Galirayo who wrote (5399)	12/15/1997 12:53:00 PM
From: HeyRainier	Read Replies (1) of 9262

[ Thoughts ] I'm thinking that Bull Traps would make good shorts (not the kind you wear). Examples: 1. The broad market experienced a Bull Trap in mid-October prior to the worldwide selloff this year. 2. The broad market also experienced a Bull Trap prior to the 1987 Crash. 3. CTXS experienced a Bull Trap as of 4 trading days ago, when the stock was at 80. As of this writing, it is now trading at 65.() 4.AMZN also had a Bull Trap at 56. It promptly dropped to 45 before reversing.() (*) : The fun thing about these issues is that you also got a confirmation from an RSI Divergence. I'll post more examples as I come across it. Think somebody can make a scan for these phenomena? Regards, Rainier

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