SI
SI
discoversearch

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.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (166736)6/20/2002 5:39:19 PM
From: Alan Smithee  Read Replies (1) | Respond to of 186894
 
Here's a chart of the USD, using a .25 box size:

stockcharts.com

The yellow metal appears to be setting up one of those triangle thingies. A break up or down is likely. I'd be betting on up.

stockcharts.com

Chart on one of the Gold miners, GFI, had broken down but is back on a buy now:

stockcharts.com

That blue line thingie is the Bullish Support Line ("BSL"). In general, it's good for a stock, index or commodity to be above the BSL, bad to be below. When the line runs from the upper left to lower right, it's called the bearish resistance line (brl). ;-)

Generally not a good thing to be trading below the brl.

stockcharts.com

BTW, as I think you recognize Jim, I never claimed to be able to pick a bottom. Never have been good at that and I'm not about to start trying. Let's just say I don't think we have a solid bottom in yet.