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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: heehee1 who wrote (39714)7/12/2001 1:54:30 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 100058
 
heehee - I'm also learning new TA patterns here.
Last broadening pattern resolved to the upside?!?
This new economy/new paradigm stuff is far beyond my mind.
Make or break time anyway.
Someone on SA II posted that he expected a sharp selloff 02:50 to 03:50, didya catch this post?

Close to my limits for today, could bail out with a larger loss. Was worth trying anyway.



To: heehee1 who wrote (39714)7/12/2001 2:39:19 PM
From: eichler  Read Replies (1) | Respond to of 100058
 
sorry, been trying to respond but intermittent 'puter pains driving me crazy right now....had a post for you completely done...puter froze up...starting all over now...got my fingers crossed!
On the NQ, not sure how to view that on my I.Q. Charts. I thought maybe $NQX, but those numbers don't correlate with the 1700/1710 numbers you proposed. If I understand you correctly, you are looking at the downtrend line from the 7/2 decline. Sounds good to me. Depending on how far out the rising wedge extends, it would be feasible for the pullback to completely fill the gap and even lower without actually re-entering the downtrend (ST). I think the 60 min stochastics will cue the decline and when reset to oversold, will then cue the rise back up.
OT*
On the chinchillas, if I recall correctly, they are quite dissimilar to other rodents. Most tend to breed often and oftener. Mice can reproduce as often as monthly. Chinchillas perhaps once a year? due to evolutionary adaptations to their harsh conditions of the Andean climate habitat. I did a search and have a couple of links for you:
etc-etc.com
chinclub.net
If they are going at it, I suspect she may be in heat now, or the little guy is quite sex-starved...ggg
*****************
On my stupid move yesterday, buying DROOY @ 1.10, I bailed for a loss today of .06. Due to the perceived rally condition now for the Nasdaq, I bought penny stock KMAG (.16) due to the perceived breakout and high volume. Hopefully, my luck here will improve......

Regards,
Eichler