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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (95519)	5/2/2004 5:32:45 PM
From: marginmike	Read Replies (1) \| Respond to of 209892

ibm, bkx, jpm are all sporting H&S breakdowns

To: Shack who wrote (95519)	5/3/2004 10:37:27 AM
From: Clappy	Respond to of 209892

Crash count is still the cleanest, heading into a iii of 3 down. Some anecdotal stuff here... Judging by the cover of this weekend's Barrons, I'm guessing they are thinking we completed C of 4, since it read something to the effect of this being a buying opportunity. Also, I saw some analyst on Bloomberg TV this morning anticipating the trendline of the SP500 holding here and the markets continue to rise. I think the line he was following was this one. share.esignal.com Seems like a good enough inflection point that could easily bring on the iii of 3 should it break... ...especially since it appears many public analysts are doubting it.