do you see now what i meant Bruce?
Clear as can be, Spy. As always, good call. Thanks for the .jpg and comments back at the time. She tried her assualt on that resistance line above $160 and those that know the game wouldn't let it happen. I think we could have applied similar failed moves above resistance to quite a few stocks in the same time frame - don't you think? Nothing like a little reaction to the FED, warning from Foundry Networks and downgrades of Cisco to throw fuel on those chart fires.
After the mess, it's a good thing I've still got a day job. Wow! So much to learn, so little time....
Enjoy the weather in L.A. and your holidays. My family would loved to have enjoyed the holidays at home in the San Francisco Bay area, but I've got to sing here on the 22nd, 23rd and 25th. Won't get back there until summer. I figure if I can squeeze in 60 - 70 performances a year for the next 5 or 6 years, I might be able to recoup some of my stock market losses of this year. Maybe the Nasdaq will climb back to 3 or 4 thousand by then.
Had you told me this time a year ago that some of my better performing non technology stocks like Safeway, Harley Davidson, Southwest Airlines, Cardinal Health, Pfizer, etc... would outperform a lot of my techs for the next 12 months I would have shaken my head and made you pay for lunch:
finance.yahoo.com
Now, I'm hoping that over the longer haul all those zigs and zags of support and resistance in a company like Juniper can progress along with the rest of the 'mutual fund':
finance.yahoo.com
If not, I know every investment doesn't always pan out over the longer haul. BB |