Macromedia...making a comeback? Message Board

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Technology Stocks : Macromedia...making a comeback?

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To: donald sew who wrote (2086)	2/15/1998 11:19:00 PM
From: Uncompaghre	Read Replies (1) of 2675

Donald, Not that involved. The reversal I am speaking of can occur in an index, a security price chart, option or commodity price plot...etc. It occurs when after an extended downtrend, an issue hits it's low and reverses, only to fall again to test the old low. On the ensuing uptrend, when the last (post low) high is breached, this is referred to as a 'Dow Theory' reversal. An excellent book is written by Victor Sperandeo: Trader Vic-Methods of a Wall Street Master. In this book, he goes into a more intelligible description and the very beneficial trading benefits which arise because of it.

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