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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (114420)	7/25/2001 10:33:14 AM
From: yard_man	Read Replies (1) \| Respond to of 436258

In HD -- waiting for LOW to bounce higher <vbg>

To: patron_anejo_por_favor who wrote (114420)	7/25/2001 11:05:23 AM
From: Perspective	Read Replies (2) \| Respond to of 436258

HD - Wow - the support line for the ENTIRE bull on HD is at increasing risk. It has risen at 50%/year for almost 20 years, thanks to a mix of revenue growth and multiple expansion. That huge, huge line - the whole ball of wax - is now at $44 and rising. When that goes, it will be yet another confirmation that this is no garden variety cyclical bear. The maneuver: wait for failure of the support line (you can see it on weekly or monthly charts), then go nuclear short on the first bounce back up to the line. BC