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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (1027)8/14/2001 2:41:36 PM
From: Jim Willie CB  Read Replies (3) of 8752
 
seems to me NazComp is a bear pennant
put another way in more familiar terms...

seems like Naz is in an uglier than usual bear triangle
its baseline is sloping down
while its top is clearly downtrended, honoring that barrier

my experience is any triangle that breaks, will break with 1/3 of its time remaining "inside" the triangle
that makes for a downturn in a matter of a couple weeks

a few more INTC reco's, another bullshit pronouncement by Houses desperate to sell more inventory, then down down down

nice angelfire website
/ jim
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