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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (19250)5/23/2002 4:35:36 AM
From: Moominoid  Read Replies (2) of 74559
 
I am not an e-waver but the second chart looks like a classic double bottom to me. I guess it depends on the scale.

It could be a classic inverted head and shoulders with the head in Sep 2001. That would mean we go to the moon from here. At least some clouds :) What e-wave is saying is that this is an IHS formation that will fail - hit the neckline and apparently break through a little and then fail and fall below the May low.

I have been trolling through stock screeners, looking for value. I have been unable to run a classic Ben Graham screen, which surprises me, because all the data is there.

I'm not very systematic about looking for investment opportunities. I haven't yet seen a stock screener that was useful but I haven't been looking to hard.

LOL:

linkydinky.com
linkydinky.com

This link links a couple of the obsessions of this thread :)

David
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