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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Lost1 who wrote (19797)	2/24/2000 10:10:00 PM
From: Doppler	Read Replies (1) \| Respond to of 63513

Lost1-or Any1, What is it called when you get a double bottom followed by a double top then another double bottom, or dt,db,dt. I don't remember which stocks I've seen that in lately but I noticed one or two what I would call almost "reverse triangles". Is there a name for this increasing volatility, and what are the ramifications usually. Jeff

To: Lost1 who wrote (19797)	2/25/2000 9:24:00 AM
From: Logain Ablar	Respond to of 63513

Lost1: I just reread the section on the bullish shakeout. Thanks I do like OBAS long term (and I have a core holding) but not sure of the short term. Looks like solid support @ 28ish and the recent run to $35 was on low volumn the other day (at the end of the day). Not sure why (although there was a positive article that day about Israel companies and it was mentioned). It may be worth a trade if it hits 31. I think its in a trading range until the next news comes out. I'd expect positive news b/4 the end of March to move it back to its highs. Tim