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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (19828)5/8/2000 10:27:00 PM
From: Sergio H  Read Replies (1) of 29382
 
Welcome back Ken. OK enough with the civilities. On NAMC, forget the fundamentals. Just look at the chart. I know that you can do it :-)

See the converging MAs? Converging MAs = volatility
Good.
Now look at the chart formation.
AHA!!!! What you see is MIT tested baby. LOL You know what the pattern is.
Finally, look at the volume decreasing = another triangle= another signal of volatility.

Love to disagree with you. More fun than when we agree, but value your opinion. I think that on NAMC the fundies may be clouding your vision. Ken, you may be right on targeting 5 before a breakout, but all the technical signals are there for a breakout.

Did I mention, welcome back? LOL

Oh, btw can I interest you in my newest purchase? KSU

Also, please take a look at the disk drive sector and share your TA analyses when you have an opportunity.

Sergio

ps news on Arnie's WGAT today.
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