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.
Strategies & Market Trends : Three Amigos Stock Thread
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sergio H who wrote (21308)10/11/2000 7:40:26 PM
From: Magnatizer  Read Replies (2) of 29382
 
Sergio

quadruple tops are formed when you have one hand on red, foot on yellow, foot on green and another hand on blue.

Your twister partner has hand on green, foot on blue, foot on yellow and other hand on red.

Hence a quadruple top. It is really that easy. ;-)

No real change of opinion on SOX. The chart I posted the other day is a weekly chart so the current bar formation is important but next week is really important. As I am relatively new to the formations I emailed Scott Carney (gartley and butterfly formation expert) the chart and he noted the decline into the formation was significant and waiting for a good bottoming bar formation would be wise. Considering the market conditions I am inclined to agree.

There was a good indicator bottom signal given today on the SP 500. The system which is used with this particular indicator is long with a stop of todays low less 5 points. I did not take the signal. Reason being the break of a key magnet trendline which I will cover in tonights commentary on my site. Should be completed by 10 EST.

I also placed a stop on the PKI short position just above 100. This is in my real account and not for the contest. PKI has acted quite well over the past few days and upper 80s may be all it was willing to give.

ht
Mag

geocities.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News