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Picking bottoms is guessing. Look for increased volume in buying by
commercials and wait for a break above the upper downtrend line. Then it
usually will retest the upper line again and if weak will go lower. However
if it then breaks above the first break you have a good chance at a good
reversal.
tony
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of D.Henderson
Sent: Saturday, June 13, 1998 7:20 PM
To: metastock@xxxxxxxxxxxxx
Subject: Re: Is Corn Getting Ready To Start Poping ?
At 01:13 PM 6/13/98 EDT, you wrote:
>
>my indicators appeared to have signaled a a low was made in dec. corn on
>6/8/98 @ 241.25 - looking to go long - but not sure - anyone see any thing
>different or have any comments. Ciao - Paisano
>(no opinion expressed or implied should be considered to be trading
>recommendations)
>
Soon, but not yet, unless you are interested in options?
Dan H
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