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: Chris who wrote (26667)	12/28/2001 1:49:53 PM
From: Claud B	Respond to of 52237

You too, Chris! PEACE!

To: Chris who wrote (26667)	12/28/2001 3:34:31 PM
From: TechTrader42	Read Replies (1) \| Respond to of 52237

Chris: GE's chart is very interesting, isn't it? You made note of it the other day, when it wasn't participating in the rally. I think you mentioned the gap below it, too. It looks interesting as a possible short. The danger would be that it could form into a cup & handle of sorts, break above resistance at the upper Donchian channel, reach for the 200, defy the 200's downward slope and move higher. Seems unlikely, but that's the cautionary note. Otherwise, it looks like a short. I'm not suggesting that anyone short it (I'm not shorting it now), but only raising it for TA discussion. If the market tanks, it could head to the gap and maybe lower (to the lower Donchian channel). Of course, it could do anything, for that matter.