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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (30002)9/16/2000 2:47:32 PM
From: dennis michael patterson  Read Replies (2) | Respond to of 42787
 
Haim, look at that SUNW-- right on the 50 DMA

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To: Haim R. Branisteanu who wrote (30002)9/16/2000 3:12:58 PM
From: AllansAlias  Read Replies (1) | Respond to of 42787
 
Haim,

I had not meant to imply a prognostication. I really thought that it was just a beautiful chart worthy of study.

To the future: If it starts to give, there is an all-star team on defense waiting between here and $92. Some of this rising support was born as much as 6 years ago. Once it gives up $90, then we'll have a series of fib and other horiz tests, but there will be little no no rising support -- this is the problem with charts that have gone "straight up".

I do think it could be a very quick trip to $70 when/if a downdraft picks up some momo, then $50 is we are correcting all-round.