Stock Attack -- A Complete Analysis 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 : Stock Attack -- A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JRI who wrote (42726)	3/3/2001 12:02:54 PM
From: AllansAlias	Read Replies (2) of 42787

With respect, I think it somewhat dismissive to view the breakdown we may be seeing in GE by saying, "but what does not look awful". There is no single stock more important than the General and no other breakdown could have more compelling consequences for the non-NASDAQ charts. Remember, until recently, while most casual holders recognized that we had a tech-wreck on our hands, many were quick to point out that the DOW, and some other non-NASDAQ indices, were holding up pretty well. Even many more savvy investors/traders were running to the DOW and friends. A GE breakdown would change all that. I also do not think that all trendline penetrations are created equal. One never knows of course, but imo, the setup here favours this breakdown showing some follow-through. We'll see soon enough. Cheers.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next