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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Riskmgmt who wrote (6731)9/3/1998 12:37:00 PM
From: wizzards wine  Respond to of 34808
 
Hi Ray, Yes a Double bottom DB is
formed when a new column of O's comes
down to the level of the most previous
one..

x
xo
xox
xoxo
xoxo
xoxo
o o<DB

x
xo
xox
xoxo
xoxo
xoxo
xoxo
o o
o<DBS

The sell is created by creating a
new O lower than the previous O..

Home that helps,

Later

Preston