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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.
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Tuesday, July 08, 2008
ExpertFlyer Adds United Airlines to Expanding List of Airline Award and Upgrade Inventory
Comtex
NEW YORK, Jul 08, 2008 (BUSINESS WIRE) ----ExpertFlyer.com, the premiere air travel information tool offering complete and efficient ways to access the ever changing details of worldwide air travel information, announced today that it has added the complete Award and Upgrade inventory for United Airlines to its newly-designed Awards & Upgrades search feature. United Airlines customers can now enjoy the same benefits that thousands of frequent flyers on American, Delta, Northwest and other major airline carriers enjoy with ExpertFlyer.com.
Combining this new award and upgrade data with ExpertFlyer's unique features such as Flight Alerts and Mobile Access reduces the stress and frustration consumers experience with trying to use frequent flyer miles while helping the airlines maintain a happy, and loyal, customer base.
"We are very excited to be able to provide our customers with a complete listing of available awards and upgrades on United Airlines," says Chris Lopinto, co-founder of Expertflyer.com. "At a time when airlines are charging additional fees to help generate revenue, we make it easier for our customers to use their miles to help curb, or in many case eliminate, these fees. In the end, our goal is to provide a service to our customers that will ultimately result in happy and loyal customers to their preferred airline."
Upgrade and Award Search Made Easy
ExpertFlyer has re-designed its awards and upgrades feature, making it faster and easier for its subscribers to search for Award tickets and Upgrades. Until recently, subscribers needed to perform certain tasks and know specific information such as inventory codes to determine if an awards ticket or upgrade was available to them. Now, the new Awards & Upgrades feature is an independent function which allows subscribers to simply insert a specific airline, along with desired dates/times of travel, and click Search to determine if upgrades or awards are available.
If the desired award or upgrade is not available at the time of the search, ExpertFlyer subscribers can quickly set up a Flight Alert which will automatically conduct a continuous search for the desired ticket right up to flight time and notify you via email when found. In addition, the Mobile Access feature allows subscribers to check saved queries and conduct additional searches through any web-enabled wireless device anywhere in the world.
ExpertFlyer Adds Blog to Educate and Communicate
ExpertFlyer has launched its new blog (http://blog.expertflyer.com) which is designed as a forum to openly communicate with frequent travelers and answer questions about the company, upgrades and improvements to the overall service of the website and to discuss trends and news within the travel industry at large.
"The team at ExpertFlyer, as well as our subscribers, has an enormous amount of information and experience they want to share," commented Chris Lopinto. "Trends and general practices within the travel industry change very quickly and this is a great way for us to maintain contact with our customers and provide an open forum to discuss thoughts and ideas with each other.
About ExpertFlyer.com
ExpertFlyer.com was conceived and created by an eclectic team consisting of a veteran elite tier frequent flyer, an airline captain and corporate travel manager, and information technology professionals to deliver a 24/7 real time powerful air travel information service. The company provides its subscribers and corporate travel managers alike with a complete, concise and efficient way to access the ever changing details of worldwide air travel information.
SOURCE: ExpertFlyer.com
Synergy Communications, Inc. Lou Desiderio, 917-627-0912 media@expertflyer.com http://www.expertflyer.com
Copyright Business Wire 2008
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