SI
SI
discoversearch

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.
Non-Tech : Dorsey Wright & Associates. Point and Figure

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tigress who wrote (2804)12/10/1999 12:51:00 PM
From: Ms. X  Read Replies (1) of 9427
 
It has to hit 66 even. 66.000000000000018 doesn't count. 66 even breaks the bottom.

As an example:
Look at CSCO's chart back in the 66 range (a coincidence). It had a triple bottom at 66 and I remember the stock traded to 65 and 1/8 one day. I saw that it was holding support and told a couple of people that I should buy calls on CSCO because it was holding the support. See, CSCO didn't break that triple bottom unless it hit 65 even. It was very important to see that it didn't break because the stock just moved like crazy after that.

Well, wasn't I right on that call! But, I didn't buy the damn options!!!!

Oh, I hate myself sometimes!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext