SI
SI
discoversearch

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.
Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: cybersaavy who wrote (6973)5/8/2001 11:09:10 PM
From: Christopher  Read Replies (1) | Respond to of 8925
 
Cybersaavy, I see you have the rising wedge drawn on NASDAQ that I mentioned in my memo to Teresa. Wonder if the reverse head and shoulder is going to win or the rising wedge. The long term down trendline give more credibility to the rising wedge as it creates more resistance. We will see soon enough how all of this will unfold.

Christopher



To: cybersaavy who wrote (6973)5/9/2001 7:54:38 PM
From: Tom McIlwain  Read Replies (1) | Respond to of 8925
 
Nice chart Cybersaavy.

Your daily NASDAQ chart illustrates something I have noticed elsewhere that intrigues me... the use of a linear fib ruler on a logarithmic chart.

I must confess that I don't know much about fib retracement numbers, except that they represent % retracements of a move. It would seem to me that applying these measures linearally to a log chart would skew the results somewhat, but I see people doing it all the time.

Does anyone have any comments on this?

Thanks,
Tom