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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: bruce-l who wrote (32203)10/2/1999 2:51:00 PM
From: Rick Slemmer  Read Replies (2) | Respond to of 79198
 
Live from Scan Diego: It's Comkey v.56 with Seattle Kill

Only five candidates this week:

BPT 10.938 Cup & Handle formation, 6% yield, Chaiken Osc > 40.
CHNG 12.125 Trading range 10-12.50. Odd chart; is it just basing?
GUMM 13.250 Looks ambivalent to me, but I'll chew on it.
HCIA 10.438 Stock is merging with VS&A; not a player.
SIL 14.875 Repeat from 9/11; breakout and flag setup.

BPT looks to me like the best of the bunch.



To: bruce-l who wrote (32203)10/2/1999 3:39:00 PM
From: Doug R  Read Replies (1) | Respond to of 79198
 
Bruce,

.35 on the ratio doesn't look good for the long side of the market next week. The first bottom on things should be in 5 to 7 trading days. Then, after a couple weeks of technical bounce, a double bottom by the end of Oct/ beginning of Nov. That'll really get people scared. You'll see people pointing to Dow 7,000 (or worse). It could be quite an entertaining month ahead.

Doug R