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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: robnhood who wrote (32084)	10/28/2000 6:30:11 PM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

The long-term JPM chart is soo weird. Its in my review list for every weekend, but I normally do not follow it otherwise unless it is an impact stock for a day. There were buying the financials on Friday for sure. Anyway, yup, a very powerful move over the last few days for JPM. Decent H&S at the top that caved Oct 6 and then the big bounce came exactly off the 1998 trendline -- a good place to take profits. -g One thing's for sure, something that falls apart and then bounces like that is telling us something very loudly. Heye, you can get that back by shorting CMB at $45-$47 next week. -ng The bottom of the long 1999/2000 range is waiting there.

To: robnhood who wrote (32084)	10/28/2000 7:27:34 PM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

I have many thoughts on CSCO. I have many thoughts on lots of things. -g So what. The chart is one of the most special in the tech world. I will say one thing to tempt those that might be interested. The most powerful line in the entire chart was born in early 1993 and has been tested many, many times from both sides. This, among other things, is the battle going on now at the current price. It has to hold and rise at least slightly from here or else.