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

To: stevenallen who wrote (42791)6/24/2003 4:43:15 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 57110
 
a little primer on double bottom formations...basically my point was that once the double bottom is one of the most significant market trend reversal indicator...unfortunately you pretty much don't how solid they are until the market has moved up well of the second "bottom" pivot point...the key is to confirm the bottom resistance levels must be broken on the way up....

stockcharts.com



To: stevenallen who wrote (42791)6/24/2003 5:25:20 PM
From: Lazarus_Long  Respond to of 57110
 
Triple bottom, maybe?

Greenie's lowering of rates at some point is going to ignite another equity bubble. Maybe it already has in RE. I think he's hoping for one in stocks.

But when it crashes, then what? He's out of bullets.


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