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Strategies & Market Trends : The Rational Analyst

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To: HeyRainier who wrote (206)1/14/1998 10:16:00 PM
From: Galirayo  Read Replies (2) of 1720
 
[ 8-10 New Price Low] Hi, Rainier.

8-10 NPL and Bol Band Violations both work. Sometimes Both occur simultaneously. But if you remember, Sakata had the Theory. Method 8 to 10. Better than the 3's Method. IMHO

I don't play the Larger Caps much. I like the littlen ones. The larger Caps are "Supposed to" Provide Stability. They seem to be the ones taking the Big Hits now.

I think Soros makes his in Volatility. I want the Volatile ones and I want to see them on the Bottom or Bouncing. The 8-10 can find them as well as the Bol Band Violation, not to mention the Fibonacci Retracement.

Take a Fib Retrace and look at it ... Up Side Down.

I think they all work at different times. I'm concentrating on all the above and looking for Price Support on a Major MA.

Thanks, Rainier. ... Thomas DeMark ... Will be looking for this one. Remember the Title?

NCTI again today. It qualifies tonite as an 8to10 NPL with Support on the 89 and 100DMAs. It's also showing a Tower Bottom.

Ray
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