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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: JPR who wrote (5036)1/21/1998 12:47:00 PM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
False breakouts tend to be followed by more severed downside moves by the stock. I wonder if there is a workable strategy where a trader that pursued a breakout can sell and reverse (short) when a false breakout has been confirmed? I imagine this approach would be only for the day trader type.

Bob Graham



To: JPR who wrote (5036)1/21/1998 11:19:00 PM
From: Chris  Respond to of 42787
 
paul,

looked at your dell.. 96 resisntace will be tested.. the symmtrical triangle i drew was broken today...

are you still in??

best of luck

Chris


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