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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: marginmike who wrote (70225)2/22/2001 10:14:49 AM
From: AllansAlias  Read Replies (2) of 436258
 
With respect, I disagree. I am not wishing for anything, just looking at the picture without thinking about the underlying issue. What I see is decent horizontal support in the $56 area. There is rising support going back a long ways that will come into play around $55-56 for the next couple of weeks (rising to about $58 by April). Below that is an *enormous* air-pocket with no consolidation at all that could act as support, save for a little pause it had at around $29.

(I know it probably won't happen, but if you want to talk strong support, it's under $10.)

This issue has a near cult following though and should be good for some violent bounces. Please keep us informed of developments in that world if you wouldn't mind.
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