The New Economy and its Winners 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 : The New Economy and its Winners

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Libbyt who wrote (3153)	11/16/2000 8:29:20 PM
From: Mark Fowler	Read Replies (1) of 57684

stockcharts.com I'm looking at this Nas New highs/lows line and we just slid past Nov.13 lows. The second leg on the "W" is usually deeper. The pattern looks like it's simular to March and April's pattern. This could be over with by the end of Nov.or Dec. Look at the Bigger picture from the start of this Bear market, March thru Nov. and so far the pattern is shaping up to be one giant "W" formation, remember the second leg or "W" in this case is usually deeper. If this works out like i think it will, it'll be one hell of a good rally back up to 5000 to form a double top on this index. But we need some catalyst to turn this around. Perhaps it'll be the end of the election. We'll see?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next