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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: sirinam who wrote (3088)3/15/2001 4:24:40 PM
From: sirinam  Respond to of 52237
 
Long descending triangle on the Soxx??? I don`t know if someone talked about that one.

Upper descending line:31jan 763,15feb 724, 6mar 666
Horiz line: 30no-1-4dec 530,21dec 530,28feb 515(take overshoot out)

The pattern seems credible(3 touch) but long shot maybe. More imperfect on semi-log scale though.

Pole 763 less 530 = 233 points down.Some experts to confirm that?

Dan Niles may be right here. Said few days ago don't touch yet semis based on historical P/S ratio.

Sirinam