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.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Tom Byron who wrote (10603)	3/6/2001 10:14:21 PM
From: Tom Byron	Read Replies (1) \| Respond to of 80934

lst below is a 3 year weekly closing line chart of the spx with slow stochastics at the bottom.currently, we are close to the point of going below that 7/20/98 HIGH which is just about/below 1200. bigcharts.com at tom drake's web site just above the 28 July 2000 commentary is an spx chart on which I have drawn in the 3x3 triangle which end up in a larger triangle. note that on that chart i have written in July 20, 1998 date which is near/at the top...you have to scroll down a bit to get to the spx chart with the triangle hand drawn on it. tenorioresearch.itgo.com .i am now curious to see what happens here...IF we break below that July 20, 1998 top will that be a confirmation of a "recession" at hand.. the spx is close to being 20% down from it last years march, 2000 top.....and as posted on the prior comments will the nasdaq break below its long term line... and if all of the above happens WILL THAT CONFIRM THAT THE JULY 20, 1998 AREA IS CORRECT AS BEING THE TOP ON THE HAND DRAWN TRIANGLE.. questions, question, question.