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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Saulamanca who wrote (58882)9/11/2000 10:26:12 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
yep, rick the oil guy shows up with the xoi breaking to a new closing high today out of a one year inverted H&S base,

and a lot of osx stocks are looking like they are ready to rumble even more, u could look at the osx as a big inverted h&S from 1997, sh*p, even grains look like they are ready to rumble, and if tht gold i H&S is good to go, watch out new highs in the crb

didn't they take an oil stock out of the dow and put in soft last year ho ho ho

b



To: Saulamanca who wrote (58882)9/12/2000 7:07:34 AM
From: ChrisJP  Read Replies (2) | Respond to of 99985
 
Hey guys, regarding CSCO ....

I think the charts you posted are using the unweighted 200 day moving average.

The exponential 200 day moving average is actually around 58 - 59:

siliconinvestor.com

So don't start licking your chops yet.

..... but it is only about 2 points away from it. So 2 days below 58 would be bad news. 2 days below 50 ..... RUN AWAY !!!!

Regards,
Chris


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