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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (25245)5/31/2001 7:43:21 AM
From: Ditchdigger  Respond to of 29382
 
This market may climb the "wall of worry", but IMO, that wall is getting taller..European growth is slowing, and the Euro is getting taken out to the woodshed..Multi national corps ought to start feeling the exchange rate bite--again..Compaq comes to mind..Well we'll see what happens..BTW the top of the mountain is covered in snow this morning, was 34 degrees when I woke up..brrrr..;^)DD



To: Ken W who wrote (25245)5/31/2001 11:41:37 AM
From: JoeinIowa  Respond to of 29382
 
Ken,

Decided to try some MCHM. Looking at the five year chart it looks like 10.5 is a resistance point and then around 12. After that there is nothing else. I wonder how much resistance there really is at 12 if it was 3 years ago? Maybe a good question for our other TA guys?

Joe

PS Looking at the last few trading days does this stock look like it really likes to fill the gap before moving up?


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