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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (10858)	8/23/2001 1:09:32 PM
From: UnBelievable	Respond to of 209892

Well About Time To Go Back To Work - But First A Joke A very old one. A broker called his client and said I have some good news and some bad news. The client said well give me the bad news first. And the broker said well I am sorry but you have been wiped out. And the client said well what could the good news be? And the broker said, It was on low volume.

To: AllansAlias who wrote (10858)	8/23/2001 1:24:36 PM
From: Perspective	Read Replies (1) \| Respond to of 209892

Actually, I was thinking about that very topic earlier. Bottoms tend to be sharp, but tops are almost always lengthy, rounding affairs. As a result, on longer-term time frames at least, multi-hit tops are much more common than multi-hit bottoms. Three individual, separated hits are unlikely to hold in either direction, but this may be shaping up into a rounding, rolling top. They are clustered closely enough for that. It's ugly, but it might also be interpreted like a head and shoulders top, if it gets all the way back down to a prospective neckline at 1162. BC