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Strategies & Market Trends : 50% Gains Investing
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To: B Tate who wrote (6515)5/25/1999 4:03:00 AM
From: Dale BakerRead Replies (1) of 118717
 
All those tightening patterns had to break one way or another. Unfortunately "Option B" is they go down instead of breaking out to the upside.

Here's a TA question for you - looking at the channels for AOL, CMGI, etc. since last fall, they all went outside the established range to the upside, and now they are breaking the channel equally to the downside.

Is that a normal rebound or is the downside break more important?
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