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 : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (418)	8/23/2001 12:14:55 AM
From: Paul Shread	Read Replies (1) \| Respond to of 36161

GG earned 19 cents a share last quarter in real GAAP numbers? Did I read that right? Pretty promising. The source of today's bounce - the 1990 NDX log trendline, the same support hit on April 4: If I use several touches in 1994 and call April 4 a piercing of that line, the NDX bounced right at that line today: cache.wsrn.com But if I use 1 touch in 1994 and April 4, the NDX didn't quite touch it: cache.wsrn.com Interestingly, 1468 (today's NDX low) was the exact measurement down out of the H&S top in May and June: 2070 head - 1769 neckline = 301; 1769 - 301 = 1468. But every other H&S top has exceeded the minimum downside... >>GRESHAM'S LAW: Good coin is hoarded when bad coin begins to dominate circulation.<< Where's that quote from AG from the 1950s where he says that a bubble can't be printed away? <ggg> Best, Paul

To: isopatch who wrote (418)	8/23/2001 1:00:10 AM
From: rails99	Read Replies (1) \| Respond to of 36161

Hi Iso: Welcome aboard the GG train to freedom. Judgement day coming soon. Thinking GG is a great takeover target, probably cash and stock is most likely. Hope we see it happen. Guess we will know when the Fed is done when the cranking into the system falls off. Commendations to you for keeping the watchful eye on the barometer. Best; Rails