Why the markets will continue higher... Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Why the markets will continue higher...

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (650)	2/10/1998 11:10:00 AM
From: Chip McVickar	Read Replies (1) of 745

Yes, GZ I used the reversal week as my first attempt 1/9 was the second low. Immediately saw the gap and bounce upwards. Then I used 1/23 as the second low. So....9 days between two lows 1/9 -- 1/23 At the latest high of 2/6 (8255 interday/close = 8189) count forward 9 days place a mark...draw a support line off the second low 1/23. Question: Why was the one day drop on 1/30 not another low to be plotted..? What determines a new low...three day drop...% decline...point decline..? Is there any fast rule..? I will go back and play with it.... Thank You for your patience. Chip

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next