LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (7764)	2/3/1999 1:49:00 PM
From: BoNg-N-BoNg	Read Replies (2) of 43080

Oil/service stocks.. Scott, need some opinion... I follow the Oil/Services Drillers stocks and alot of them in the process of "quadruple" bottom and some of them broke a new 52 wks. low.. do u have a statistical knowledge of data for any stocks/or index having quadruple bottom and finally bouncing off for good?? my reading w/ OSX stocks are these are a false rally in the near term esp. since they're not making a higher high in the last run up.. I think it will finally break the stem and will continue the downtrend.. TIA eL...

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