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


To: Jeffrey S. Lillie who wrote (20151)12/15/2002 12:01:43 PM
From: Moominoid  Read Replies (2) | Respond to of 30712
 
I find the 34 day sma useful:

stockcharts.com[m,a]daclyyay[da][pb34][vc60][iUb14!Lh14,3]&pref=G

stockcharts.com[m,a]daclyyay[da][pb34][vc60][iUb14!Lh14,3]&pref=G

stockcharts.com[m,a]daclyyay[da][pb34][vc60][iUb14!Lh14,3]&pref=G



To: Jeffrey S. Lillie who wrote (20151)12/15/2002 4:45:18 PM
From: exp  Read Replies (2) | Respond to of 30712
 
JEFF L: COMP Triple Bottom Breaks below.

Jeff, you make excellent T/A points and I pay close attention to your arguments; however, Triple Bottoms Breaks almost always mean Substantial Downside:
stockcharts.com[r,a]daclynay[d20010101,20010701][pd20,2!b50!f][ili10,10][j8871259,y]&listNum=2
stockcharts.com[r,a]daclynay[d20010701,20020101][pd20,2!f][ili10,10][j8871272,y]&listNum=2
stockcharts.com[r,a]daclynay[d20011001,20020301][pd20,2!f][ili10,10][j8871278,y]&listNum=2
stockcharts.com[r,a]daclynay[d20020101,20020701][pd20,2!f][ili10,10][j8871278,y]&listNum=2
stockcharts.com[r,a]daclynay[d20020701,20021231][pd20,2!f][ili10,10][j8871286,y]&listNum=2
These charts were done quickly but hopefully they show that Triple Bottom Breaks usually lead to a lower COMP "shelf".

Moreover, they normally also signify the start of a major DOWNTREND. Jeff, please share your views on these observations. TIA