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 : MP - Market Pulse

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HairBall who wrote (306)7/4/2001 9:03:57 PM
From: John Madarasz  Read Replies (1) of 1328
 
LG...Happy Holiday

question:

Would you consider the COMPX daily to be in a large sym triangle drawing a top trendline down from the Jan. 22, 2001 highs through the early June and July highs

with a Lower trendline up from the april 4 lows thru June 18 lows

This would put the apex at 2100 on or about July 17-19... a turn date time period of significance;

if so, I would expect the still in play H/S pattern, and downtrend line, to exert enough pressure to break the pattern to the norm of the larger trend...ie. down

Regards,

John M.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext