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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 01, 2008
Vero Beach Shell Gas Station Goes on Sale
Comtex
VERO BEACH, Fla., July 1, 2008 /PRNewswire via COMTEX/ ----Vero Beach Shell gas station goes on sale effective immediately. The station is located at 9520 20th Street, Vero Beach, Fl 32966. This major brand gas station with a convenient store (C-Store) is nearby Highway I-95 across the Vero Beach outlet mall and CVS distribution center. The station is 15 minutes drive to the beach. Vero Beach Shell gas station serves cars from surrounding area including Fort Pierce, Port St. Lucie, West Palm Beach, Melbourne, Miami and Orlando.
The gas station's C-store is very clean and comes with space for a kitchen and a deli. The station sells on averages of 100,000 gallons a month; diesel fuel is available. "As gas prices continue to rise, it is a great business opportunity for any one who wants to get into gas business," explains Stephen Foncham, owner of Vero Beach Shell gas station.
About Vero Beach Shell Gas Station
Vero Beach Shell gas station is owned and operated by Next Star Rental, a company that specializes in serving customers at convenient stores and gas stations. For more information, contact Stephen at 772-539-2322 or nextstarrental@comcast.net.
CONTACT INFORMATION Stephen Foncham Tel: 772-539-2322 nextstarrental@comcast.net.
This press release was issued through GroupWeb EmailWire.Com http://www.emailwire.com.
SOURCE Next Star Rental
http://www.emailwire.com
Copyright (C) 2008 PR Newswire. All rights reserved
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