The Stinky 2.50's?

[dmk112]

Just found this article at yahoo finance saysing that the 2.50 level is a strong level of resistance (e.g. 2.50, 5, 7.50, 10, etc..) I never actually looked at this but it is interesting and will look at this when I placemy stops and entries... What do you guys think? Did anyone ever know of this?

Here's the link of the artice: http://biz.yahoo.com/tm/051216/13661.html

[Runner]

DMK, the technique this guy is talking about can be found in a book titled “Secrets of the underground trader”. He talks about overshoots and backfills.