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Strategies & Market Trends : Mu Gamma Lambda -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (1820)7/9/2001 5:37:40 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 10077
 
I was thinking it heads down, and as MSFT goes, so goes the NAZ and DOW....

Simplistic?



To: Augustus Gloop who wrote (1820)7/9/2001 5:40:12 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 10077
 
MSFT has one of those megaphone patterns (higher highs,
lower lows). I have never seen one of those break upward
from high levels.

stockcharts.com

77.00 | | | 77.00
76.00 | X | | 76.00
75.00 | X O | | 75.00
74.00 | X O | | 74.00
73.00 | X X O |High| 73.00
72.00 | X X O X O | | 72.00
71.00 | X X X X O X O X O | | 71.00
70.00 | X O X O 5 O X O 6 O X 7 | | 70.00
69.00 | X O X O X O X O X O X O |Avg | 69.00
68.00 | X O X O X O O O X O | | 68.00
67.00 | X O O O O | | 67.00
66.00 | + X O | | 66.00
65.00 | X + X |Low | 65.00<
64.00 | X X X O + X | | 64.00
63.00 | + X O X O X O + X + | | 63.00
62.00 | + X O X O X O + + X + | | 62.00
61.00 | + X O 2 O X + X X + X + | | 61.00
60.00 | + X O X O X X O X O + X + | | 60.00
59.00 | X O X O X O X O X O + X + | | 59.00
58.00 | X O O X O X O X O + X X + | | 58.00
57.00 | X O O X 3 O + X O X + | | 57.00
56.00 | X O X + O X X X O X + | | 56.00
55.00 | X X + O X + O X O X O X O X + | | 55.00
54.00 | X O X + O + O X O X O X 4 X + | | 54.00
53.00 | X O X + + O X O O X O X + | | 53.00
52.00 | X O + O O X O + | | 52.00
51.00 | X + O X + | | 51.00
50.00 | X X + O + | | 50.00
49.00 | X O X + + | | 49.00
48.00 | X O X + | | 48.00
47.00 | X O + | | 47.00
46.00 | X + | | 46.00
45.00 | X + | | 45.00
44.00 | X + | | 44.00
43.00 | + | | 43.00
42.00 | | | 42.00


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