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capt_jmj

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capt_jmj

Re: POKERSAM post# 19249

Wednesday, 10/21/2009 12:10:10 AM

Wednesday, October 21, 2009 12:10:10 AM

Post# of 31925
You should know that a single break of a trendline is not sufficient to define a new trend. It *may* be the first indication that the trend is about to change, but it is just the first data point. To have a new downtrend, you would then need to get a second, lower data point (i.e. a lower low), and preferrably a third for confirmation.

Kind regards,
-CAPT J

"What would you attempt to do if you knew you could not fail?"

http://investorshub.advfn.com/boards/board.aspx?board_id=7383

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