High Tolerance Plasticity 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.

Politics : High Tolerance Plasticity

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kodiak_bull who wrote (13214)	4/11/2002 10:43:06 AM
From: Sweet Ol	Read Replies (3) of 23153

No one asked me for my opinion on the tech market, but that has never stopped me in the past! It is time for another of my Naz rants. Look at the chart of the Naz. It is strongly in the grip of the purple pitchfork that is pointed down at about a 30 degree angle. I don't see serious support till the Sept lows. stockcharts.com The monthly still has not broken out of its Falling Trading Channel. The primary direction is sideways, which doesn't bode well for a breakout up. stockcharts.com The weekly doesn't look good either. Pardon all the messy lines, it makes it a bit hard to fathom. It has broken down out of the red triangle and also down out of the yellow up-trend pitchfork and it seems the green fork is still in control. Notice that the green fork parallels the blue FTC. It is hard to see anything in the pattern that makes me very optimistic. stockcharts.com As a result of my analysis I am heavily short the QQQ and also have shorts on CIEN, CIMA, EMLX, NVDA, SEBL, TER and TYC. I am happy with all of them. Best to all, JRH

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next