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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Cola Can who wrote (5708)8/23/2002 12:55:05 PM
From: Jeff  Read Replies (2) | Respond to of 30712
 
glad i could help....<g>

yes DT's are double tops.....

no matter what t/a you do....you should always be watching for double tops and bottoms....its one of the basic t/a things anybody can spot easy.....

also....we still have EOM nasdaq paint next week also....so the crooks aren't done painting yet either....

if we drop low enough...even with paint they should stay under those DT's......

as nasdaq comes down from overbought on the daily's....it will be important to watch for anti-venom next week....anti-venom would be the first clue they will blow by those DT'S....