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Re: matt24d post# 287997

Thursday, 12/19/2013 10:03:06 AM

Thursday, December 19, 2013 10:03:06 AM

Post# of 723258
Very much so. And I remember saying the same thing about that 390 double bottom on AAPL.

In any event, double bottoms usually work for at least a bounce. Triple bottoms fail, as they are exceptionally rare. Interestingly, the market is at a triple top. Which means the ultimate bias is upward...

(A) Have very reasonable expectations; (B) Educate yourself and perform due diligence; (C) Don't enter without a strategic plan and target, for both best and worst case scenarios; and (D) Lead inward/outward and never follow.

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