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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: wiley murray who wrote (7859)4/26/1998 7:55:00 PM
From: Chris  Read Replies (1) of 42787
 
MSFT patterns:

wiley.. how's it going..

bring up a msft chart.. note this pattern:

from a long basing period, we have 3 bumps and then climax.
follow me:

css scan hit on 4/18/97
1st bump: 5/5/97
2nd bump 5/29/97
3rd bump: 6/19/97
climax: 7/18/97 (my weekly sell occurs around here)
for the next 6 months -- pure consolidation.

ok.. now we talk about the current rally.

css scan hit on 1/2/98
1st bump: 2/10/98
2nd bump 3/2/98
3rd bump: 4/1/98
climax: 4/23/98 (my weekly sell is close to sell)

are we heading for another period of long consolidation??????

any thoughts?
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