SI
SI
discoversearch

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: dennis michael patterson who wrote (36504)11/28/2000 10:51:44 AM
From: Paul Shread  Read Replies (2) | Respond to of 42787
 
If the SOX breaks 600 by 2% on a closing basis, or 588, it will go to 400 or lower. If that happens, NDX should be headed to the low 2000s, possibly lower. Descending triangles are a very accurate pattern, surprisingly so. INKT broke a 70-point one at about 95 or so, predicting a move to 25. PCLN broke an 18-point one at 32, predicting a move to 14. I didn't believe them at the time. Wish I had.

That said, I don't necessarily think the SOX will break just yet; I think the pattern needs to form a little while longer.



To: dennis michael patterson who wrote (36504)11/28/2000 10:54:57 AM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Dennis,

I now feel that the SOX will eventually break below 600, but I dont think it will be today. Im getting a technical sign from my short-term analysis that a bounce from these levels could start anytime now. This bounce could last only a day or even intraday, or even for this week.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News