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Need to undercut previous low

Need to undercut previous low# Stock

v*e2011-09-22 07:09

1 楼

idealy, you'd want to see the previous low in DOW and SPX undercut by at lea
st 3% --5% and recovered with volume to call a double bottom. that is SPX 10
50-ish.

p*a2011-09-22 07:09

2 楼

Agree. Worse case could be 1000ish. I will add short positions on any
rebound if any tomorrow. I hope market could rebound to 1150 tomorrow so I
can add shorts at a good point.

lea
SPX
10

【在 v****e 的大作中提到】

: idealy, you'd want to see the previous low in DOW and SPX undercut by at lea
: st 3% --5% and recovered with volume to call a double bottom. that is SPX 10
: 50-ish.