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.
Politics : High Tolerance Plasticity

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chowder who wrote (12815)3/8/2002 8:49:31 PM
From: chowder  Read Replies (1) of 23153
 
Some additional follow up on the timing of longer term positions.

This week was significant from a longer term perspective for the NASDAQ. Although I expect it to pullback some next week, the longer term view is shaping up very nicely.

stockcharts.com[h,a]waclyiay[pb10!b50!b200!f][vc60][iut!Lh14,3!Lb14]&pref=G

Volume is rising! The Stochastics have flashed a buy signal from an oversold range, and relative strength is rising once again.

Since the best way to eat an elephant is one bite at a time, the chart indicates the last two bites have been digested very nicely. It may be time for another bite on any weakness shown in the early part of next week.

da-hungry-bum
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext