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.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (22343)	8/6/1999 1:49:00 PM
From: Arik T.G.	Read Replies (2) \| Respond to of 99985

VGY... is that something you put in a sandwich ? ATG

To: HairBall who wrote (22343)	8/6/1999 3:07:00 PM
From: j.o.	Respond to of 99985

Livecharts and quote.com show the future under EC99U...it's probably 10 min. delayed. We've actually retraced after the breakout back to the neckline - would play it back down again, but don't want to carry the w/e exposure. Nice downside breakout on the VGY out of that triangle - probably a very profitable trade indeed, eh? Well done! I haven't ever followed that...what is that index? Regards, j.o. indextrade.com

To: HairBall who wrote (22343)	8/7/1999 5:00:00 PM
From: sean sanders	Respond to of 99985

To All, I've been away for a week and havn't had time to read all the messages here to get an idea what everyone's view is on the overall market. I personally am wondering if we will repeat last year with a nice dbl top and we will be 'milling' in a little channel here (like last year) and then drop. I am refering to the DOW chart. The only thing I see that is different from last year is that we have a slight upward angle to the 'neckline' if it decides to go under it; and last year it was more horizontal. I thought that having a horizontal neckline (support) or downward sloping neckline had a greater predisposition for having a dbl top to form then an upslanting neckline (support). I can't recall where I read this maybe be Magee's or other books; or just from observations. what do you think? Sean