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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jan Crawley who wrote (29521)	9/12/2000 10:21:15 AM
From: Chris	Read Replies (1) \| Respond to of 42787

i was ready for a bottom fish buy.. but it broke down. not good.

To: Jan Crawley who wrote (29521)	9/12/2000 10:44:42 AM
From: Paul Shread	Read Replies (1) \| Respond to of 42787

Jan, LU had better find support at 34-35, or it's lights out. Next support is 23-26 and then 18. In the daily, it looks like it broke a three-week bear flag to the downside; the worrisome thing about is it's got one massive pole, about 20+ points. That would imply a move to about 20, with the caveat that a lot of predicted big moves haven't been fulfilled lately. The 60-min. also looks straight down. A FA complement to the 34-35 TA: a service I follow, TrouncingTheDow.com, places that at about the lowest the stock should trade, based on its 4+ year trading history and the company's current earnings.