SI
SI
discoversearch

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 (20447)11/9/2001 1:58:20 PM
From: dwayanu  Read Replies (2) | Respond to of 209892
 
Pullback last May 22 (the third top back then) had 3 mostly sideways days after the initial drop, then a sharp drop, total 11% down. In the middle of the 3 days, was a 50% retrace of the drop to that point.

- Dway

edit: If we're doing the same as last May, in about half the time, a new daily high right along here with a sharp drop and an EOD bounce would match both last May and Shack's scenario.