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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (62954)5/7/2002 1:56:15 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
from thresholdtrader, just sneaking out some basic theoretical rules
<< KEEP IT SIMPLE.......a downtrend is a downtrend until its over.

IF a stock / index is in a downtrend, continue looking for bearish patterns UNTIL proven otherwise.

A trend can be ascertained by using simple trendlines or moving averages.

Untill you get back above the 200MA...forget about BULL patterns, keep drawing in Bear patterns to resistance.>>> Max