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 : gem-x's incredibly accurate Elliott Wave forecasts. -- Ignore unavailable to you. Want to Upgrade?

To: iowamann, Spam Queen who wrote (351)	8/11/2001 6:04:42 PM
From: eichler	Read Replies (1) \| Respond to of 2290

I-Mann, That as you describe is a logical and intelligent way to play that idea. Since I don't usually throw out potential candidates to play as far as "normal" stocks go, here is a chart a buddy asked me to look at which I find an enticing play from the long side in which the daily and weekly views are both in bullish mode. This comes from a conservative trader mostly concerned with fundamentals such as PE (waz dat?-ggg)... home.earthlink.net home.earthlink.net From the weekly view, looks like the 62% retrace from the 9/1/00 low to the 1/5/01 high @ about $31 is a reasonable target which corresponds to the extrapolated target following the current upper uptrend line. And check out that unbelievable money flow indicator on the daily.....wow! It's all green....green like money! ggg Best, Eichler