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: sam_o who wrote (14818)	8/13/2001 2:57:45 PM
From: TechTrader42	Read Replies (2) \| Respond to of 52237

Did you happen to see the technical analyst with the posh British accent going over MSFT's chart on CNBC? He took a rather bullish view, seeing a long-term H&S pattern. I was persuaded because of the accent. In the event that it failed to rally, the alternative view for the future was a double bottom. Or that's what I think he said. I saw it in passing. I work at Crazy Eddie's during the day, and every TV was tuned to CNBS. Every one on the sales floor, including me, is a full-time trader. It's how we make our living during the recession, when consumers aren't buying anything. One can focus on any section of the chart and see what one wants to see. I turned the chart sideways (in moving a TV on the sales floor back into storage) and saw Bill Gates' profile. What that means I don't know. Would he be capable of such remarkable manipulation of the price, to have the chart show his profile? I think he might.