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 : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (162)	10/3/2000 12:00:26 PM
From: Teresa Lo	Read Replies (1) \| Respond to of 8925

"How consistently does a stock when breaking down always return to a previous level of support?" The previous level of support is always a place that will attract buyers, so most of them will just wait until the price comes down that far. As for JSDU, there is no reason why it cannot bounce to the underside of the 20-day EMA at $104ish from here, as a first target if the market improves. ispeculator.com "A consolidating triangle could theoretically have broken out in either direction, correct?" Yes, to me, all triangles are consolidations and they tend to fake out at the apex first before the true direction is known. Teresa