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[Tuff-Stuff]

Key Market Techs>Simply put, the "FTD" is a surge in both price and volume four to seven days after the start of a rally attempt.

The reason we discard the first three days is to weed out those times when traders swoop in to take advantage of a technically oversold market without the intent to hold for long. Emotional drops, whether fueled by subprime-mortgage woes or any other reason, tend to send the market below what many believe is fair value. The market immediately works to restore that equilibrium and prices recover.

The key is whether investors come back to take advantage of bargains, and that is supposed to happen a few days later. Intense selling pressure should yield to intense buying pressure -- not bottom-fishing -- as all the bad news is out, all the interested sellers have sold and investors again believe that stocks are once again a good place for their money.<