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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (15122)4/5/2002 10:55:28 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 26752
 
very nice post, Susan. Lots of work and should be appreciated by all - as I know they are. You are a fine chart reader.

Now that I've sucked up, can you look at jnpr for me? VBG



To: Susan G who wrote (15122)4/5/2002 11:12:05 PM
From: Petrol  Respond to of 26752
 
Thanks, chica ;o)



To: Susan G who wrote (15122)4/5/2002 11:21:07 PM
From: Susan G  Read Replies (1) | Respond to of 26752
 
Many on SI have been watching the $BPCOMPQ - as well as on the other indexes. Tonight someone, wish I could remember who, commented that the Weekly Bullish Percent Index on the Nasdaq corresponded perfectly with past tops, so I looked at the chart.

All I can say is WHOA, when you compare the tops on the BPCOMPQ with the COMP chart tops.

mywebpages.comcast.net

All tops above 45 are marked on my chart with red arrows. Compare them to the tops over 45 on this chart.

7/00, 9/00, 1/01, 5/01, 1/02, and now?

stockcharts.com[h,a]whclyyay[pc20][vc60]&pref=G



To: Susan G who wrote (15122)4/6/2002 12:26:25 PM
From: Susan G  Read Replies (2) | Respond to of 26752
 
Here's a great example of what can happen to stocks with charts in a tight trading range, with a flat bottom "ledge" as mentioned in previous posts...The ones I mentioned were CSCO, CCMP, KLAC and NVLS, although there may have been a few others. Here's what happened to DPMI when that flat bottom broke and all the stops kicked in at once....so anyone in a stock with this pattern needs to keep a really tight stop so they get filled ASAP if the bottom breaks.

siliconinvestor.com