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 : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (761)	6/9/2005 10:54:31 AM
From: J D B	Respond to of 4814

dollar up, materials down new here, so FWIW

To: Jill who wrote (761)	6/9/2005 11:09:16 AM
From: Walkingshadow	Read Replies (1) \| Respond to of 4814

Bad news for PD I'm afraid.... Downtrend confirmed by a bear cross. I believe I thought it would get turned away at the downtrend line, but it rallied through that. Now it is completing a bull trap as it rallied up to the 200 sma (an area of chart resistance also) and has failed convincingly there: stockcharts.com[w,a]daclyyay[dc][pb50!b200][vc60][iLk14!Lp14,3,3]&pref=G Sell signals in place. PD is headed south for the winter: 139.142.147.218 I think PD will move down to test minor chart support at 85, likely fail there, then move down to test support at about $80. A failure there is reasonably likely as well. PD will probably be in a downtrend for a long time, this chart does not look good to me at all. The failure pattern is classic, starting with the double top. A good shortable stock, IMHO. T