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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (30404)9/20/2000 5:00:59 PM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Paul,

>>>> It seems a pierced major trendline is almost always followed through on, whether it's to the upside or downside, so that's great to know, Don (and Lee). <<<<

I dont have statistics on it, but that is also my understanding. Whether that follow-thru to the downside is immediate or after a bounce, but we should keep in mind that the DOW did selloff about 830 points, and for a bounce to occur here is not abnormal. So a bounce before the follow-thru to the downside?