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


To: donald sew who wrote (23180)11/1/2001 6:43:35 PM
From: jjstingray  Read Replies (1) | Respond to of 52237
 
Donald, Qcom is also forming that same pattern. However, the head and shoulders are much more pronounced indicating that it too may take a header pretty soon.



To: donald sew who wrote (23180)11/2/2001 7:18:07 AM
From: Jerry Olson  Respond to of 52237
 
Morning Don

just a heads up for this nice thread..

on P&F we've had 3 short term indicators turn down this week...

i'd be cautious near term for sure...people should be thinking about headging their long positions...trailing stops, Covered Calls, buying puts, or just selling if we top out here...

the SOX and NAZ have gone nowhere is right Don..i call this jiggles in the charts...moving sideways really...

they will correct soon...any triple bottom breaks like the ones in the SOX and NAZ always bounce...always...however when you come off the bottom, a test, should occurr..either in a higher low, or a full retest of the recent lows...

only time will tell....



To: donald sew who wrote (23180)11/2/2001 4:08:38 PM
From: Paul Shread  Read Replies (3) | Respond to of 52237
 
What is that ugly beastie on Softie today?

stockcharts.com[l,a]daclyymy[pb50!b200!b20!c20][vc60][iLl14!La12,26,9!Lg]