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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Shack who wrote (2)4/18/2001 12:54:01 AM
From: Gut Trader  Read Replies (2) | Respond to of 209892
 
Found this cisco chart on the Get site
markets.tradingtech.com



To: Shack who wrote (2)4/18/2001 7:56:40 AM
From: AllansAlias  Read Replies (3) | Respond to of 209892
 
It's worth a thousand words they say:
geocities.com



To: Shack who wrote (2)4/18/2001 9:03:17 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
A huge help here would be an online charting site that allows annotations. Stockcharts has it now, but it's beta and there is currently no way to save the chart for sharing. It's very cool though.

I am going to post an NYA chart from there in a few minutes for another reason, but if you want to check out their very cool new application, then click on "Add Annotations" at the bottom right of the page.

There is another site that offers online annotation that can be published (i.e., linked to) and I am checking it out just now and will report back.



To: Shack who wrote (2)4/18/2001 9:07:57 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Bear Worry In Non-tech:

Regarding our previous discussion about non-tech. Take a look at this NYA chart:

stockcharts.com[l,a]daclyymy[pb50!b200][vc60]

Wave 1 down: Feb high to Feb low at ~612.
Wave 2: Rally into mid-March
Wave 3: Decline into mid/late March
Wave 4: The current rally.

Now, this wave 4 rally looks very close to done here. The worry for the bears would be if it takes out the swing low of wave 1. If we assume that this is a wave 4 rally, it should not be able to move up past the bottom of wave 1 -- an Elliott rule.

For now, I'll be looking for it to turn soon and start a new leg down.