Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (25977)	7/26/2000 10:46:22 AM
From: Paul Shread	Read Replies (2) \| Respond to of 42787

Donald, Great observation on the DOT. I couldn't get a chart on it, but the same wedge appears on the ISDEX. The simultaneous occurrence of all these patterns can only mean one thing, IMHO: the wealth destruction phase would appear to have begun. The only question is whether this is a Major Top, or a severe Intermediate Reaction. Did you notice where the Nasdaq's rally stalled out (4289)? Right at the downtrend line from the 5132 and 5070 peaks. Worth keeping in mind for future rallies.