The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (41691)	11/22/2002 2:27:53 PM
From: ivan solotaroff	Read Replies (1) of 79180

Dough, Sorry to bother you with Chart Analysis 101 garbage, but: siliconinvestor.com a) Isn't the Nas in the 1400s running up against prior support, and now therefore resistance? and b) Isn't that an H&S chart? Just asking because I'm considering trying to "time" an exit (and subsequent re-entry lower) with some SUNW "investment-grade" stock (i.e., a trade gone wrong) that I bought at $10.65. Every bounce since the drop from there has only proven an opportunity to cash in and buy back lower, so I'm asking if you see any reason not to try that, at least in view of the bigger picture of the market at large. Sorry for the very, very pathetic question. Ivan

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