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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (4265)2/19/2000 12:50:00 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 35685
 
TA on theQ: seeing a nice shorterm Cup&Handle again
it is about time
sorry I really misread the last one prior to earnings

but this one has some strong differences
upper cup top is at 135
bottom of cup is at 121
cup height is 14 pts
target is now 135 + 14 = 149

the important difference now is that money flow is rising, volume is rising, and relative strength is rising

on wider front, I think NazComp is showing support at 4400
the Naz is unique now, displaying unusual widening channel
its upper boundary is growing fast
its lower boundary is growing slowly
it is screaming imminent volatility

the 10yr TNote is at a critical juncture
its yield is at support following a two-step drop
its yield is at the 50day Moving Avg
it could be setting up a downchannel for lower rates
it could be setting up a new upward climb for rates
we will see, cannot say which is more likely

dont remember if I mentioned it
Atlanta is one hell of an impressive great American city
the I-85 x I-285 interchange is the most monstrous I have seen on earth
this is a sprawling clean huge shiny city with big shoulders economy
Ruffian has mentioned several times that it contains another fine asset, but I cannot seem to put it into words

/ Jim