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 : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: flyeguy99 who wrote (3638)	9/7/2000 4:41:42 PM
From: longdong_63	Read Replies (2) \| Respond to of 100058

FLY...would that be an inverted H&S? Just looking at the weeklies.http://stockcharts.com/webcgi/wb.exe?SC.web+$COMPQ,UU[H,A]WECLYYMY[PC13!C50][VC60][IUB14!LC20!LH14,3!LF20]

To: flyeguy99 who wrote (3638)	9/7/2000 4:49:33 PM
From: Louis V. Lambrecht	Respond to of 100058

Flye - agree with you. But that H&S is kind a more misformed than the "hunchback" of some months ago.LOL. Harami candles is a very weak signal and has to be confirmed by a following large white candle. The rising wedge has less confirmation points than an upward channel you can draw starting Aug 14. My chart shows: - a downtrend channel (Dec 21 for the low, Mar 10 for the high) - an upward channel (started Jun 02) within that downward channel (9 months old now) - yesterday, a test of both upper bound of the 9 months downward channel and the 200 DMA So, I must agree, still in very dangerous zone. 3805-3849 is a zone where many retracements converge. Once at these levels, ... targets would be in the high 2k. And we would have to make that voodoo thing again! Virgins?, virgins?, virgins?,...