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Alias Born 03/29/2005

Re: BUBBA post# 127

Thursday, 04/21/2005 11:03:05 AM

Thursday, April 21, 2005 11:03:05 AM

Post# of 3958
Second Trough: The decline off the reaction high usually occurs with low volume and meets support from the previous low. Support from the previous low should be expected. Even after establishing support, only the possibility of a double bottom exists, it still needs to be confirmed. The time period between troughs can vary from a few weeks to many months, with the norm being 1-3 months. While exact troughs are preferable, there is some room to maneuver and usually a trough within 3% of the previous is considered valid.

.0031 1st Trough x .03% = .000093
.0031 - .000093 = .003007 2nd Trough Bottom???