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Strategies & Market Trends : G&G's Riding Lawnmower thread -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (2840)9/4/2000 7:43:59 PM
From: Logain Ablar  Respond to of 4966
 
LT:

PSFT - Triple Top Breakout. Great looking chart. Normally
there is a pull back (Tom or Kirk can help here) which will
depend on overall market conditions. Right now software
and internet areas are coming off of low's so you will have
the company, sector and overall market in your favor.

34.00 | | | 34.00
33.00 | X | | 33.00
32.00 | 9 |High| 32.00
31.00 | X | | 31.00
30.00 | X | | 30.00
29.00 | X | | 29.00
28.00 | X | | 28.00
27.00 | + X |Avg | 27.00
26.00 | O 2 + + X X | | 26.00
25.00 | O X X O + X + X O X | | 25.00
24.00 | O X O X O X + X O + X X O X | | 24.00
23.00 | O X O X O X O X O + X O X O | | 23.00
22.00 | O O X O X O X O + X O X | | 22.00
21.00 | O O + O X O + X 8 X |Low | 21.00
20.00 | + + 3 X O X X + X O | | 20.00
19.50 | + O X O 4 O X O + X | | 19.50
19.00 | + O O X O X O + X | | 19.00
18.50 | + O X O X O + X | | 18.50
18.00 | O O O + X | | 18.00
17.50 | O + X + | | 17.50
17.00 | O X + X X X + | | 17.00
16.50 | O X O X X + X O X 7 O X + | | 16.50
16.00 | O X O X O X O X O X X O X O X + | | 16.00
15.50 | O X O X O X O X O X O X O X O + | | 15.50
15.00 | O X O X O X O X X O X X O X O X + | | 15.00
14.50 | O O X O X 5 X O X O X O X O X O + | | 14.50
14.00 | O O X O X O X O X O 6 O X + | | 14.00
13.50 | O O X O X O X O + O + | | 13.50
13.00 | O O X O + + + | | 13.00
12.50 | O X + | | 12.50
12.00 | O + | | 12.00



To: Lizzie Tudor who wrote (2840)9/4/2000 10:30:24 PM
From: Lost1  Respond to of 4966
 
to add a note to TL's chart post regarding PSFT..the PO was/is 23..which we've seen. It's also at the TOP on it's range according to the bellcurve data..I think it'll pullback for you. If not it needs to reverse down and then back up in order to set a better stop. RIght now the piff stop is 19.5 or 22

thx for the heads up


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