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

To: augieboo who wrote (7105)9/15/2002 7:44:15 AM
From: orkrious  Read Replies (1) | Respond to of 30712
 
it's considered a death blow whenever the sto is going up, then turns down while anywhere below 50

augie, aj, jeff, or anyone chime in

so when one day it closes at 25, goes to 30 the next day, then moves down to 28 it's a death blow?

would you think that they are more reliable when in effect the momentum tries to turn up a little more but gets sold? or do you think it doesn't matter, all that you need is for it to try to rally a little?

TIA

ork


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