Per my privious post.
Message 6082949
My opinion is that it would be stop 52-53
Chris Wetherill a.k.a The ChrisMeister posted, "I still see a lot
of resistance/congestion in the low 50's carrying over from last
year, as well as tax-loss selling <snip>
Me
IMHO, if we break 52-53 that seems (The chart points up to 60.)
Chris said, "We go over-bought above about 58, should we get that far.
The formal objective of the W-bottom is about 61, which I think we won't make, such failure taking us back down to the high
40's."
Here was his post: (Chris)
Message 6087736
Obviuosly, I have been lucky since I am not a true T/A guy like
The ChrisMeister.
Dave Dickerson on the other hand, is the expert on F/A on this board.
(IMO)
Check out the diffrence in their approach, I thought it was interesting.
Here is ChrisMeister's investment strategy (philosophy)
uccs.edu
(Chris, I hope you don't mind that I shared this with all
the interested parties)
and we'll, we all know Dave Dickerson is da man w/r/t to F/A.
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