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.

Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Tumbleweed who wrote (14420)	8/31/2000 10:41:15 AM
From: capt rocky 1	Respond to of 60323

tumbleweed,it means good!(or maybe not)rocky eom

To: Tumbleweed who wrote (14420)	8/31/2000 9:30:47 PM
From: Art Bechhoefer	Read Replies (1) \| Respond to of 60323

What does it mean? Probably that the stock price remains above a moving average or above a recent resistance point. What does it really mean? Not much, since this type of analysis is simply based on trends and may only be accurate enough to predict the direction the stock price is likely to take in the next few days, but not for much longer than that. Trend analysis does not (and cannot) deal with company fundamentals, including the fact that the company is able to sell anything it can make, or the fact that new uses for flash memory are being created almost daily. Art

To: Tumbleweed who wrote (14420)	9/6/2000 12:10:36 PM
From: Yogizuna	Respond to of 60323

On the daily chart, I draw in support trend-lines using candlesticks from previous bottoms..... So if I say that the stock is currently trying to hold TL support, that means it closed very close to the trend-line the previous day and will now test that support area to keep the rally intact, or perhaps start a new correction if it breaks the trend-line support. In other words, it can be a very useful warning flag for a possible turning point. Yogi