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.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (56572)7/14/2000 1:44:23 PM
From: James Strauss  Respond to of 99985
 
can you explain the 2 portfolios.

keep up the good work.


Thanks Chris...

Market Leaders Support Portfolio
****************************
siliconinvestor.com

Market Leaders Resistance Portfolio
******************************
siliconinvestor.com

I selected the stocks that I felt are leaders in their sectors and must be part of any major market move... I realize that this is subjective, but the stocks listed would rank high on most lists...

The support and resistance areas come from each stock's chart... Collectively, you get a good picture of the market's health by the performance of these leaders...

Near the market lows the Support portfolio has greater significance... Now that all the stocks are well above their support levels, the Resistance portfolio takes on greater significance as each stock begins to challenge their resistance areas... INTC, ORCL, and GE are currently closest to their resistance levels... This give us two technology leaders (INTC, ORCL) and one S&P market proxy (GE), getting ready to give the green light for the entire market...

Jim