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To: JRI who wrote (23739)12/4/2001 4:13:22 PM
From: Doo  Read Replies (1) | Respond to of 209892
 
JRI: How are bears talking about distribution top? How do they distinguish distribution from consolidation in an uptrend? It's an easy word to use (particularly when one has an opinion), but a hard word to define and harder still to identify correctly.

What are you reading about "distribution top" on SI?

Thanks.



To: JRI who wrote (23739)12/4/2001 4:20:16 PM
From: Les H  Respond to of 209892
 
You normally need multiple retests or failed breaks to establish a distributive top. That doesn't mean you have to go all the way back to the original starting point.