Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Let's Talk Technical Analyisis (TA) -- Ignore unavailable to you. Want to Upgrade?

To: MechanicalMethod who wrote (61)	11/25/2001 12:34:19 AM
From: OZ	Read Replies (1) \| Respond to of 178

Or the LBR definition and explanation is also very good but she calls it a turtle soup instead of a 2b. The turtles's used to buy such a "breakout" but became soup when it failed. I guess she could have called it Dunnigan Stew since some of his strategies have one buying (selling) when a penetration of a previous top (bottom) is made, which for me seems a bit of a chase and risky compared to entering on a reversal bar with a sell stop (buy stop) placed just below (above) it to limit losses. Oz