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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Techplayer who wrote (37518)4/22/2003 5:18:57 PM
From: Techplayer  Respond to of 57110
 
I put a little money on the wheel. YHOO 26.05.



To: Techplayer who wrote (37518)4/22/2003 5:25:20 PM
From: bramble88  Respond to of 57110
 
I agree that false intraday breakouts have been pretty common (the downside of ignoring intraday spikes on the charts). But I also see Jorj's point: An intraday move above your line in the sand might be false, but you don't know that till later, so you'd better take it seriously.

Having said that, I think sometimes there are some good hints (TRIN, new highs, etc.).