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 : Stock Attack II - A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JRI who wrote (2806)3/13/2001 10:18:13 PM
From: Paul Shread  Read Replies (4) of 52237
 
JRI,

Obviously, what shape the rally takes is everything; if a bear pennant or flag forms at the end of a straight-line decline, we can all measure how far down the next move goes.

But I'm not so sure we aren't forming a big falling wedge on the COMPX the last 2-3 months. They haven't been very reliable bottoms as of late, but then again, nothing has. Something has to work at some point. I think 2100 or so would break it to the upside.

10,300, 1215 and 2070 are the minimum levels I need to see to say this rally has any legs. But I like a lot of what I see at the outset.

The Fed cutting rates has to be worth something at some point, BWDIK...
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