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To: SBerglowe who wrote (31839)5/9/2000 1:57:00 PM
From: John Graybill  Read Replies (1) | Respond to of 42523
 
Lots of contracting triangles breaking today. NASDAQ, SOX, lots of individual stocks as well. I've seen a bunch of contracting triangles blowing out over the past few weeks, and it's usually a good two-day drop.

Recent horror stories that are good examples are THDO at 14 siliconinvestor.com

and HIPC at 3 1/2
siliconinvestor.com

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FWIW: AMD is getting fisted today, POS is getting bent over too but I don't trust it as a short yet