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


To: nsumir81 who wrote (26805)1/29/2003 12:15:37 PM
From: LTK007  Read Replies (1) | Respond to of 30712
 
a triple bottom months apart from each other and with third bottom being slightly above the 2nd bottom in volume downtrend is VERY bullish.
But these close together "bottoms" are just "knocks" and that rule is three or more knocks at a support or resistance line says the direction of the move will be in the direction of the knocks commonly( think 75% or better, need dig that out)



To: nsumir81 who wrote (26805)1/29/2003 1:01:37 PM
From: Jeff  Read Replies (2) | Respond to of 30712
 
if 1320 holds....its the bottom before a run to 1700's.....

if it doesn't....the 1270 scenario comes into play....

soon find out on 4th move fed.....