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 : ZixIt Corporation (ZIXI) -- Ignore unavailable to you. Want to Upgrade?

To: jjs_ynot who wrote (1421)	12/30/1999 10:56:00 PM
From: mwj6	Read Replies (1) \| Respond to of 4120

I use point and figure to draw the support lines. Seemingly simplistic, but very reliable. P&F showed support around 58, 42 (and the other ones i previously mentioned). The dead cat bounce came off 45 (which was the P&F upward trend line -- coincidence? i think not). When it blew through that, it was certain confirmation to run for the hills. I hope the naive longs are listening. I lost money once on a POS stock when it went to zero by believing the hype and not paying attention to the chart. Now I pay attention to double and triple bottom breaks -- you usually get a chance to exit gracefully after the signal. /matt