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: nspolar who wrote (7885)	2/15/2002 11:28:33 AM
From: kirby49	Respond to of 36161

Nope you're probably right, it won't hold so you should hold your short. Right down to $50

To: nspolar who wrote (7885)	2/15/2002 11:41:31 AM
From: Davy Crockett	Read Replies (1) \| Respond to of 36161

bounced off the 200 weekly ma. Possible breakdown of its multiyear congestion or sideways movement. Everything IMO depends on that trendline... according to the indicators that I "borrowed" from Scott on the Lastshadow thread... Subject 22651 IBM may be close to a breakdown if it closes below its OBV ma & Slo Stochastics remains below 50 (which it just crossed below). stockcharts.com[w,a]waclyyay[df][pb50!b200][vc60][iLg!Lh39,1]&pref=G Note that this is a weekly chart... & it may be lagging Regards, Peter edit: check out the 5 box PnF chart..again trendline support is critical,(from 1993 circa) breaks $90.00-->down she will probably go stockcharts.com[PA][DD][F!5!!]&pref=G lower highs from July/August 1999 Question is: Will lower lows be printed on this chart????