Classic TA Workplace Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: marginmike who wrote (57763)	10/25/2002 4:05:44 PM
From: Shack	of 209892

Looking at equity p/c on my Qcharts (all exchanges) is a fairly low .59 but it is just an isolated reading of course. What matters more to me is the 10 day EMA and that is now siting at .59 as well which is well in the lower half of its multi-year range which as oscillated between .45 and .80 since Jan 2001. I look for 10-day EMA's of .50 before I am willing to look at an 'IT' top. The last times I got readings that low were. late Jan 2001 late May 2001 late July 2001 late November 2001 Aug, 22 2002 Each were met with a large sell-off and it makes me very skeptical that we will exceed that Aug 22 top.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next