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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TechTrader42 who wrote (13888)	8/5/2001 1:26:05 PM
From: sam_o	Respond to of 52237

It's time for you to Author a novel... Prose is one thing you're good at....

To: TechTrader42 who wrote (13888)	8/5/2001 3:39:12 PM
From: Davy Crockett	Read Replies (1) \| Respond to of 52237

Great analogy!!! On another note, as I have posted to another thread, & have indicated my concerns here, in a word --- VOLUME--- where the heck is it? I realize that it is summer, but, according to one of the many Guru's that I follow....( amazon.com volume is a concern. "A new low in OBV (on balance volume), shows that Bears are powerful, bulls are hurting, and prices are likely to fall. When the prices of OBV deviates from the pattern of prices, it shows that mass emotions are not in gear with mass consensus....& This is why changes in volume often precede changes in price." From Trading for a Living pg. 173. Author: Dr. Alexander Elder, ISBN# 0-471-59224-2 published 1992 Look closely @ the CSCO chart, esp the OBV & compare with price action. stockcharts.com[w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!Ul14!Lg!La12,26,9!Lh14,3!Lb14] Draw your own conclusions... FWIW, Peter