SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Nasdaq Bottom? -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (43)1/1/2001 1:26:37 AM
From: Moominoid  Read Replies (1) | Respond to of 73
 
Hi GZ

Precisely. We can't be sure there's been a top until we are a lot past it. That's why there are so many "failed formations". Traders have to take a bet that the formation will play the way they hope and get out if it doesn't. I use chart patterns, stochastics etc. myself together with FA.

We didn't know till a year or two later that 1987 wasn't a major top ushering in a prolonged bear market.

David