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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: chakus who wrote (2227)8/30/2000 12:59:21 AM
From: Drbob512  Respond to of 100058
 
chakus: The dailies being below 25% drags the weeklies down, and if ADCT is a strong stock with the longer term uptrend intact, then the weeklies should reverse before reaching 50% or so. Traders want the dailies to cross over before going long, unless you have a double bottom or bullish divergences.

Best of luck with it...