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


To: heehee1 who wrote (24130)2/20/2001 1:41:13 PM
From: Drbob512  Read Replies (1) | Respond to of 100058
 
heehee: My sympathy to you, if you have to wait for the big "C", LOL!!!! Seriously, it seems prudent to wait for successful double bottom retest or big "C" , imho...



To: heehee1 who wrote (24130)2/20/2001 1:56:49 PM
From: flyeguy99  Read Replies (1) | Respond to of 100058
 
"Top or bottom? Take your pick. . .

I'd like to make a comment about trying to pick bottoms and tops. Trying to pick the bottom is like trying to pick the top. By definition, it's an extremely low-probability event because it can occur only once. That's why I think it's particularly crazy to state, with any degree of certainty, that the bottom has been reached." Bill Fleckenstein.