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Strategies & Market Trends : Classic TA Workplace

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To: Jack of All Trades who wrote (117611)4/26/2005 1:37:33 PM
From: Henry J Costanzo  Read Replies (2) of 209892
 
SIRI.......Per what I refer to as my "style"....g.....(essentially waiting for confirmation).... I wouldn't touch SIRI until/unless volume break of DT line from the Dec high (which, btw, I was most pleased to enjoy...g again...)

This could be a bottom, though, as it approaches possible support from the 200d MA...which is still rising..Also, approaching possible support from the Oct high.....

If support kicks in at the 200d, could see some extensive sideways basing action.....would give time for the 50d MA to come down further and "kiss" the 200d...

Always one I keep an eye on, JoaT....sure there'll be another ride available at some point......
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