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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Lost1 who wrote (29530)4/20/2000 11:48:00 AM
From: Ms. X  Respond to of 63513
 
Also on the 5pt chart it broke the BSL and support at 110. This sets up 85 as a possibility should the market encourage it.

You just have to watch it here. It could at the same time create more support and instead of falling, it languishes in the market. Remember that is also under performing - Doing nothing whilst the market marches forward. So the stock doesn't gain or loose any points.

The recent market decline showed how important it was to combine all of the indicators together. If not there certainly were mixed signals. However, it is hard to determine what kind of movement will happen after you have determined that there is risk in the market. I don't think we will see going forward, a huge rise this year. That sounds a little like predicting but looking at the NYSE BP it is just staying in one area - moving up a little than back down where it started, then again etc. Going nowhere. Blah.