英文原版第五章,有这么一段,总是弄不明白,哪位老师懂的麻烦说一下,谢谢:
Right here is the time the market should be watched carefully, because if the stock is really going to resume its Downward Trend in earnest, it should sell below its Pivotal Point of 40 by three points or more before it has another rally of importance.
这段内容来是源于这一大段:
For example: Take a stock which has been in a Downward Trend for quite some time and reaches a low point of 40. Then it has a quick rally in a few days to 45,then it backs and fills for a week in a range of a few points, and then it starts to extend its rally until it reaches 491/2. The market becomes dull and inactive for a few days. Then one day it becomes active again and goes down 3 or 4 points, and keeps on going down until it reaches a price near its Pivotal Point of 40. Right here is the time the market should be watched carefully, because if the stock is really going to resume its Downward Trend in earnest, it should sell below its Pivotal Point of 40 by three points or more before it has another rally of importance. If it fails to pierce 40 it is an indication to buy as soon as it rallies 3 points from the low price made on that reaction. If the 40 point has been pierced but not by the proper extent of 3 points, then it should be bought as soon as it advances to 43. |