ARTICLE SYNOPSIS...Apache Corp. (APA) broke a significant top in the $57.00 to $58.00 range last month. The positive relative strength and shakeout pattern indicated a further move to the upside.
ARTICLE SYNOPSIS..."For as long as markets have existed, bubbles have formed. And whenever one of those bubbles begins to leak, it typically needs years to deflate, causing enormous economic damage as it does." David Leonhardt, NY Times September 2008.
ARTICLE SYNOPSIS...Frontier Oil broke a spread quintuple bottom in the $14.50 to $15.00 range back in July. Since then, this area of broken support has acted as stiff resistance for the stock.
ARTICLE SYNOPSIS...Symantec Corporation has been in a $48-$70 trading range over the last four months.
ARTICLE SYNOPSIS...Ebay, Inc. has been in a $130-$170 trading spanning the last eight months.
ARTICLE SYNOPSIS...Apple Computer has been in a $110-$130 trading range over the last eight months.
ARTICLE SYNOPSIS...Compaq Computer Corp. has been in a $24-$30 trading range over the last five months.
ARTICLE SYNOPSIS...OPTIMUM DETRENDING SPREADSHEET EXAMPLE The following is a spreadsheet example (sidebar Figure 1) and a QuickBasic source code (sidebar Figure 2) of optimum detrending. Our spreadsheet example is for detrending the price data of the bond market example u