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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Petrol who wrote (21063)	7/23/2002 12:06:58 AM
From: Susan G	Read Replies (1) \| Respond to of 26752

Just keep in mind that most of them have 3 obvious legs down on the weekly charts, and if they take out the top stick in the flag, and that EMA resistance, run <g> Also, many, like NVDA, the flags are sitting on support. With all this talk of searching for the bottom and waiting for capitulation, once it happens (IF) and we rally and it sticks for more than 3 hours, it is going to be a fierce fast move as everyone who just sold at the lows will run to get back in at the same time. LOL..I can here the talking heads proclaiming the bottom is in already. Haven't we seen this before? <g>