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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (20821)11/29/2000 7:28:46 PM
From: Jill  Read Replies (1) | Respond to of 65232
 
Pretty charts--and I am certainly new at studying these, tho I have been doing so assiduously, but here's what I see and what I was referring to:

a trading range since last spring--April--with, on your lovely chart, a clear double top--now nobody knows at that point where it will go--right?--in mid October it hits the low of mid May, and that's where I see your triangle begin, in mid October.

If I'm misinterpreting please explain.



To: HairBall who wrote (20821)11/29/2000 9:38:36 PM
From: Boplicity  Read Replies (2) | Respond to of 65232
 
LG thanks for the chart, I have been saying 2200 as a worse case bottom, but with the speed and constancy to the selling and lack of any sort of sustaining rallies, I beginning to think 2200 is not going to be enough to create the necessary wash out. Seems absurd to think about year 1998 and 1480. What are looking for?

Greg


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