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.

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

To: AllansAlias who wrote (2869)	5/18/2001 10:40:00 AM
From: JRI	Respond to of 209892

If you recall...you and Shack had a difficult time making out the wave count on the April options ex day too....... The following Monday was some huge down and was that early next week...

To: AllansAlias who wrote (2869)	5/18/2001 10:43:17 AM
From: Perspective	Read Replies (2) \| Respond to of 209892

If we were to give the Sept DT line back today in heavy volume (I think that would be about a -40 COMPX close), it would be extremely bearish, wouldn't you think? I would expect back-testing of the line, but I've rarely seen breakout, failed back-test, followed by a second, successful breakout. Am I wrong about this? BC