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To: leum who wrote (59881)11/18/2002 9:14:22 PM
From: lurqer  Respond to of 209892
 
re. Triple tops

Any subdivision of triple top stats divided by bull or bear markets?

lurqer



To: leum who wrote (59881)11/18/2002 9:29:05 PM
From: ajtj99  Respond to of 209892
 
Thanks for the information. I wonder if the triple bottom thing is as reliable as the triple top thing? I've ignored triple bottoms and it's worked wonderful.



To: leum who wrote (59881)11/19/2002 3:20:47 AM
From: augieboo  Read Replies (1) | Respond to of 209892
 
Leum, I'd just like to add one thing to your quote from Bulkowski, which is to remember that under his criteria, it's not a confirmed triple top until price breaks below the lowest point in the formation, which in this case is the October 11 low at 1108. A "mere" 10% decline from there would put the COMP at 997.2 if I'm doing my math correctly.


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