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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: RRRoarr who wrote (4212)	6/14/1999 9:27:00 AM
From: Dr. Stoxx	Read Replies (1) \| Respond to of 39683

Q-9 The signal of a downtrend is lower highs. MSFT has had a couple of higher highs recently, along with potentially a higher low (signal of an uptrend) so this puts it (possibly) in a very short term uptend. But in that uptrend it is now correcting, i.e. it is not a good time to buy. In fact, MSFT looks to me to be basing, not trending. BTTT would want to pass on it. TC.