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.
Strategies & Market Trends : Ask DrBob

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: chichi210/23/2008 10:01:03 PM
1 Recommendation  Read Replies (1) of 100058
 
NAMO (Nasdaq_McClellan_Oscillator) is showing Strong_Momentum toward Down>> NYMO (NYSE_McClellan_Oscillator) gave a Small_Change_Signal at_Close tonight, this being a Signal of Indecision on Direction.

This is now the confusion, What to do in this Environment?
Buy at the guess of a major Dn, or do nothing. We are all aware the Pressure Is Dn. The Relief Is the Rally.

-------------------------------------------------------------------

I will remind you, the Triangle Formation, is a "Continuation Pattern" what trend coming In is the trend coming Out.

There can be lots of playing around inside the Triangle, and even retests on its outside, but the Norm is to follow the Nose on the way out. I can only hope the size of the Triangle 2240 (its back end) is not the size of the drop, but technically that is the Norm as well.

------------------------------------------------------------------

MajorMoves Comments for 10/23 by Chichi2**
siliconinvestor.com

------------------------------------------------------------------

This was the Email tonight, 10/23
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext