Waiting for the big Kahuna 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 : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: yard_man who wrote (37797)	3/2/1999 7:55:00 PM
From: Chip McVickar	Read Replies (2) of 94695

tippet and Thread, Can anyone here on this fine thread confirm that this technical formation is a "Triple Bottom".....Thanks From Murphy: "The triple top or bottom, which is rarer in occurance, is a slight variation on that pattern (head and shoulders)...Both imply the exact same thing." "Volume declines with each sucessive peak at the top and should increase at the breakdown point...prices must close through the two intervening peaks at the bottom to complete the tripple bottom." "Heavey upside volume on the completion of the bottom is essential." . iqc.com . Murphy goes on to say these patterns are resolved to the Upside. If this holds true....the SPX on stronge volume tomarrow, should see atleast 1277spx. I don't have volume so that part is unresolved. Volume is the Key Maybe some one else can confirm Chip

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next