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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (17492)6/10/2001 12:12:13 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Larry, all I am trying to do, is to find some statistically meaningful tool that will tell which one it is before it becomes obvious. The truth of the matter, according to the now famous paradox, even if we exceed 2328, there is no assurance that this will not be a fake out breakout. After all, the last beak above 2250 to the 2328 area will be declared a "fake out" if indeed we break 2078 in the next few weeks.

Zeev



To: TREND1 who wrote (17492)6/10/2001 7:56:42 PM
From: Rich1  Respond to of 30051
 
Cycle guy has a band at 2170 NAZ...thats the halfway point between the 5/30 low and the 6/7 top..Hopefully we stay above that.. taking out the 6-7 high would mor ethan keep this Bull alive..


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