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 : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Linda L who wrote (73274)	11/24/1999 2:25:00 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 120523

Hi Linda... on P&F intraday moves are not involved for chart pricing, "UNLESS", they make the chart print another X or another O.... if you look at the chart..HLTH is in a col. of X's at 41, today we printed 46...if HLTH hangs around these levels at the close the chart will add 5 more boxes of X's and you'll see that tonight or tomr with the update... we broke the 45 resitance area..doesn't "ALWAYS" mean the stock will run...BUT..it did clear that hard resistance area...

To: Linda L who wrote (73274)	11/24/1999 3:06:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 120523

Linda another thing<G>... each day, set up your "ACTION POINTS"....if we take HLTH again...only 3 things can happen here... with the chart showing yesterdays trading at 41 in a col. of X's...hgere's the 3 potentail possibilites.. 1.----the stocks trades between 41 and 39...no action taken...these are wiggles and jiggles... 2. the stock prints 38, then you would have a 3 box reversal down, and move into a col. of O's.. 3. the stock prints 42 today we would add another X... so the action points are important to have in your mind each day looking at the charts of the stocks you are trading/following... hope this helps...