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 : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Jeff who wrote (424)	5/16/2002 5:20:56 PM
From: jjstingray	Read Replies (1) \| Respond to of 30712

Seems like a lot of stocks are in that same position. Amat, Qlgc, etc. If we do get a rally it could gather momentum very quickly.

To: Jeff who wrote (424)	5/16/2002 7:14:12 PM
From: Lone Ranger	Respond to of 30712

Jeff, Nice chart. Do you have a time frame for intc breaking out or is it just if it breaks or not? imho, if the rally is to occur it will need some of the old guard to lead it e.g. intc msft amat csco.

To: Jeff who wrote (424)	5/16/2002 7:34:35 PM
From: 4rthofjuly007	Read Replies (1) \| Respond to of 30712

Jeff, have you got a read on msft? AA, over on the cfz e-wave board mentioned major resistance at 55.90, I think and the 50 day average is a little less than a point above that . Remeber that nikkei chart that we were commenting on? If you have a moment, pull up a yahoo nikkei chart that shows the maximum timeframe and then pull up a 5 year msft chart and compare the peaks and valleys and percentage moves. I think that you will find it interesting. If the comparison were to continue, msft would put in a lower low than the Dec. 2000 low very shortly. The thing is, you can't really bet on history repeating itself.<g>