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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (12785)4/2/2004 6:55:37 PM
From: D.B. Cooper  Read Replies (3) | Respond to of 13815
 
The way I understand the term (blow off top)

A steep and rapid increase in price followed by a steep and rapid drop in price.
The rapid increase can be a result of either actual news or simply a wild rumor.

I don't see that happening by todays chart
stockcharts.com

stockta.com

and the one day chart

cbs.marketwatch.com

and the 5 year

cbs.marketwatch.com

But what do I know I am just a gardener :-)

Good Luck
Don

Man I got so much in the mrkt right now it might be time to sell

That said on any gap up like this the gaps do fill at some time.
If this stock doesn't sell off and at least give back some of todays gains I would be surprised.
this mrkt is gathern big mo
Little big farther and then a big hard sell then up to about june IMHO