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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John T. who wrote (25060)7/8/2000 5:13:04 PM
From: dennis michael patterson  Read Replies (2) | Respond to of 42787
 
I look forward to seeing those charts on CSCO and SUNW. Especially Csco. I traded it Friday for a couple of points but it looked poorly at the end of the day. The pullback would be nice for re-entry. I took profits on just about all positions and would love to get back in 3-4 points down on AMAT and SUNW. Maybe. As for Favors. I have been reading him for 3-4 years. he was great in 97-- got me out 1 day from the top in July. He has been hot from time-to-time but folks around here will tell you they don't like his hedging. I still think he's good but, like any technician, nothing works all the time.



To: John T. who wrote (25060)7/8/2000 8:13:54 PM
From: Casaubon  Read Replies (1) | Respond to of 42787
 
The SUNW neckline is at about 98 3/8. Alternatively, SUNW's chart pattern could be described as a cup with a handle. The left side of the cup is at the high of 3/28 and the right side of the cup is at the high of 6/20. The handle is a horizontal line at 98 1/4 drawn to the right of the 6/20 high. The pivot point or upside buy point would be at 98 3/8.

I agree, but the handle does not yet have a convincing volume set up.

I would be very interested in seeing your list of bullish set ups.

I completely agree about the proponderance of bullish basing patterns and breakouts on the nasdaq. I will be looking to exit my short position, if not monday, very soon.



To: John T. who wrote (25060)7/9/2000 1:46:38 PM
From: Chris  Respond to of 42787
 
DELL and INTC had a breakout from the "cup n' handle" pattern that is prevalent in most stocks i see.

disclaimer: I have position (l/t portfolio)