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 : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (3461)	7/18/2002 8:59:48 AM
From: Chip McVickar	Respond to of 207447

Dow monthly chart has a major pitchfork working nicely off the 1998 high It's lower tine corresponds with the lower support line of the symmetrical triangle, and still holds the monthly bar. There are 4 other forks..., having in common the 2001 low..., they are upwards/sideways looking and the last lower tine is at 8000±..... All 5 lower tines are clustered between 8000 and 8400 charts.barchart.com

To: GROUND ZERO™ who wrote (3461)	7/18/2002 1:37:29 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 207447

860.36 is a major number off the S&P500 monthly charts There are no working pitchforks on the monthly cash chart... A lower tine off 1998 high is broken cleanly... charts.barchart.com The chart looks awful with it's broken double bottom... And hints of a head and shoulders... Horizontal support line off 1997 lows 0f 855.27 is significant... All major close fibs are washed out with one exception in 1993.... Remaining: 1998 low.... 923.32 has 1.618 at 534.26 1997 low.... 543.26 has 1.618 at 424.15 1993 low 432.30... projects a 0.618 retrace to 860.36