Monday, March 05, 2007

Don't Believe In Pivot Points?

Look at this -



Starts down around S2 moves up smartly over the first two hours to the pivot point proper, bumps its head and goes back down.

The Q's, DIA and SPY all did pretty much the same thing.
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2 comments:

  1. Anonymous5:59 PM

    Do you find the Pivot Points contained in Quotetracker to be useless relative to stocks whose opening price gaps-up?

    Philip

    ReplyDelete
  2. QUALITY STOCKS UNDER 5 DOLLARS2:31 PM

    We get the point.

    ReplyDelete