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 : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (2794)9/11/2000 4:44:07 PM
From: Chip McVickar  Read Replies (1) | Respond to of 33421
 
To Those Interested:
Update on the "M" formation.

I'm looking for 3500 by Sept 9th...5-6 days. (Maybe More)

The Nasdaq "M" is in place and the "v" is at 3936.46.
Today we closed at 3896.35.... This is also a 50% retrace from 8/3low-9/1high.

This is a heavily congested area with 3846.98 as the lower shelf of the M.

The market has already broken the first "M" barrier, break this lower area and....!

Chip