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


To: Paul Shread who wrote (4893)4/3/2001 11:11:24 PM
From: StockOperator  Read Replies (2) | Respond to of 52237
 
Paul, I saw all the same things. Broadening tops...h&s patterns galore. Which by the way has been one of the most reliable patterns throughout this entire tech debacle. I know a lot of technicians view them with suspect but man have they been right on.

You want to see something interesting? Punch up SMTC on a monthly basis. Of course it's a semiconductor stock. What do you see? Now take a look at MU very carefully on the same monthly time frame. Both giant H&S patterns on a huge scale. The monthly charts representing the longest of time frames. How will they break? I think they're breaking now. Just look at ALTR and XLNX for clues.

Yes there are still signs everywhere.