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.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (31284)4/25/2000 9:34:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
At 58-62$ MSFT with 15 billlion in cash would like to initiate a huge buy back, 60 has been a ressitance goign back 98 early so look at this support around 60..on MSFT. as far as market goes the way it has taken the wiping out of the entire gambling speculative side of the market of 2 trillion $ and 200 billion off MSFT shows that 'value investing' is back, with Warren Buffet shares making a new run and all those value investors seeing a good return from their BRKA BRKB shares, I see lot of these value stocks to be taken out, will Buffet start liking MSFT at 60, will he start understanding techs at 2900 of Comp I would assume , he would with so much of liquidity around and hype being addressed any sell offs are long term opportunities..



To: IQBAL LATIF who wrote (31284)4/25/2000 12:23:00 PM
From: TWICK  Read Replies (1) | Respond to of 50167
 
IQ, what are your thoughts on this: signalwatch.com.

From traders.com.

The diamond formation reversal pattern is found relatively infrequently. When it does form, however, it usually does so at market tops rather than at bottoms. This is consistent with its appearance, which suggests a confused, active market found at a top more often than at a bottom.

Volume activity can help distinguish a diamond from an ordinary head-and-shoulders formation. The tendency might be to see a formation and interpret it as a diamond, when in reality it is only a head-and-shoulders pattern. This bias toward the diamond might be because an upsloping neckline would allow an earlier entry of the position and therefore more potential profit. A genuine diamond pattern is signified by a decrease in volume during the second half of the price pattern.

This volume pattern is similar to the one found in a standalone symmetrical triangle. When a diamond forms at a top, the following downmove is usually significant. A minimum expectation of the move can be estimated by measuring the distance in points at the widest part of the diamond. Prices usually move from the breakout price to a low, giving a net change at least equal to this measurement, typically further.

Interesting times I'm in. I may witness a market-top and then what ??

Twick