FOX Translator
No data currently available.
No data currently available.
Sounds kind of dirty, right? Actually, it's because of a clean visual that technical analysts use this term. Technical analysts like charts (hence their nickname of "chartists"), and they like to give certain patterns they see neat little names.
Such is the case with the double bottom, which looks on a chart like, well, a double bottom. Think of three mountains (on a chart reflecting a rise in values) separated by two valleys (representing dips in value). The troughs of the valleys, and the size of the first two peaks, are generally the same, so the chart looks like the letter 'W.' The appearance of those two valleys represents a double bottom.
So what? Well, if you're one of those folks who believes in the power of the charts, seeing a double bottom suggests a long-term trend is about to reverse. So, if a stock chart shows shares falling for several months, then seeing a double bottom, chances are good (according to the chartists) that the shares will rise. And vice versa.
But, beware: charts can be a great tool, but they're more art than science. Use any charts with caution.
Home / Markets / Industries / Industrials
Tuesday, May 06, 2008
Bemis Company to Present at Bank of America BASics/Industrials Conference
Comtex
NEENAH, Wis., May 06, 2008 (BUSINESS WIRE) ----Bemis Company (NYSE:BMS) President and Chief Executive Officer, Henry Theisen will present at the Bank of America BASics/Industrials Conference in New York City at the New York Palace Hotel on Wednesday, May 7, 2008 at 8:40 a.m. Eastern time.
A live webcast of Theisen's presentation will be available through the Bemis Company website at www.bemis.com. Interested parties can find the presentation in the Investor Relations section of the Bemis website. Listeners should go to the website prior to the presentation to download any necessary audio software.
About Bemis Company, Inc.
Bemis Company is a major supplier of flexible packaging and pressure sensitive materials used by leading food, consumer products, manufacturing, and other companies worldwide. Founded in 1858, the Company reported 2007 net sales of $3.6 billion. The Company's flexible packaging business has a strong technical base in polymer chemistry, film extrusion, coating and laminating, printing, and converting. The Company's pressure sensitive materials business specializes in adhesive technologies. Headquartered in Neenah, Wisconsin, Bemis employs about 15,700 individuals in 56 manufacturing facilities in 10 countries around the world. More information about the Company is available at our website, www.bemis.com.
SOURCE: Bemis Company
Bemis Company Melanie E. R. Miller, 920-527-5045 Vice President, Investor Relations and Treasurer mermiller@bemis.com
Copyright Business Wire 2008
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
