Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: fooledalot who wrote (3121)	7/18/1999 12:46:00 PM
From: Kenya AA	Respond to of 12663

f: Since I'm a short term trader, I'm really only interested in the daily chart analysis ... The daily chart shows that the stock has essentially moved sideways for much of 1999. A menacing looking "Head and Shoulders Reversal Pattern" also appears to have formed. The "left shoulder" can be seen peaking on February 1st. The "head" peaked in early April. Throughout May and June, people waited for "the right shoulder of doom" to appear... But was this a true H&S pattern? A closer inspection reveals that a key element is missing - confirmation from volume. I can find two other key elements that were missing - the shoulders. <ggg> K