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Technology Stocks : INPR - Inprise to Borland (BORL) -- Ignore unavailable to you. Want to Upgrade?


To: TChai who wrote (1373)10/20/1998 11:15:00 PM
From: softcash  Read Replies (1) | Respond to of 5102
 
How can you have a double bottom that is 2+ years apart?

I do not believe that TA double bottoms are bottoms that are so far apart! These are bottoms that happen much closer. They represent failed attempts to break new lows and indicate a reversal.

Too far apart!



To: TChai who wrote (1373)10/21/1998 1:08:00 AM
From: Cube  Read Replies (1) | Respond to of 5102
 
TChai,

I'm going to try something as risky as your going long at 6. I'm going to short this thing at 3:59 pm. I'm betting that either earnings will be .06 or less, or that they will make 8 or 9 cents BEFORE extraordinary never happen again one time only charges. Good luck to all.

Cube



To: TChai who wrote (1373)10/21/1998 6:48:00 AM
From: Neil Booth  Read Replies (1) | Respond to of 5102
 
But we are bouncing off a major double bottom that first was made back in '96 on such strong volume.

How many times have I read this or similar hot air on the BORL / INPR threads? And until yesterday we were lower than at any time since I joined it.

The guy who loses the most money trading where I work in the guy trading off "trend lines", "double bottoms", "flags", "head and shoulder patterns" and other such nonsense.

Come on, the whole world knows of this stuff, what makes you so convinced it gives you the edge over the rest of the market? I think the _fundamentals_ are more telling.

Neil.