Now that's just MHO and just one setup I like, so it was just an explanation of how I'm looking at it and what W%R is.
My methods don't necessarily catch stocks at the very bottom, in fact I hardly ever try to guess a bottom unless there is huge support at a point that I am very familiar with in a stock I have been in and out of over a long time. Mostly bottoms are only bottoms in hindsight ;) What I do try to do is catch most of a run after various confirmations of an upmove. Everybody has a diff. way of going about that.
Definitely not a Wild West shoot from the hip guy here LOL.
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