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: donald sew who wrote (31808)	10/3/2000 11:29:03 AM
From: Paul Shread	Read Replies (1) \| Respond to of 42787

May change my call on the COMPX to a broken descending triangle, beginning around Sept. 22, with about 200 points of downside, or to about 3400, giving the COMPX a chance to form a new October 98 trendline (across May 3042 low). It's still forming a falling wedge, but did some damage to the initial boundary set yesterday. Either way, looks to me like the bears could run out of steam soon, since the angle of descent keeps growing less steep (the reverse of the Dow's top at 11,100-11,400).