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


To: TechTrader42 who wrote (35274)5/2/2002 11:44:12 PM
From: ajtj99  Read Replies (1) | Respond to of 52237
 
Brooke, interesting about the VIX. The pinched BB's on the weekly are suggesting a big move, and I can see only higher VIX numbers based on the current trend.

stockcharts.com[h,a]waclyiay[pd20,2][vc60][iLb14!Lh14,3!La12,26,9]&pref=G

That monthly chart also looks quite bad going forward.



To: TechTrader42 who wrote (35274)5/2/2002 11:45:15 PM
From: BirdDog  Read Replies (1) | Respond to of 52237
 
...SOX...

I've looked at the lows going back to early 94. (That's the farthest two charting systems I have go.) I'm able to draw a pretty good uptrend line from early 94, along the bottom edge of the 96 and 98 lows. If this uptrend line stays intact...we should see a low of about 300 soon.....Throw in the 95 high you mentioned and we have two basis of support at ~300... sound valid?
Hope that doesn't sound too obviously basic...

BirdDog@Prairie.com



To: TechTrader42 who wrote (35274)5/3/2002 7:24:53 AM
From: Monty Lenard  Read Replies (1) | Respond to of 52237
 
Brooke, if one draws a trendline using that low of '97 and the low of Sept '01 you mention, it intersects your '97 high at a value of approx 420. I see all you refer to and it could really get interesting here.

The whole world has called a bottom already and I just have to wonder. Remember the mention about how easy it was to call this rally the other day? Look what happened. Anytime it is that easy I have to be suspicious.

Monty