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.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (71445)7/7/2005 5:54:01 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
The huge blocks appear to originate from a single buyer. A bunch
of hedge funds would look like a bunch of hedge funds on the tape. All rallies are started by one huge buyer.

That picture - a broken triangle, and a broken LT trendline,
which goes all the way to 2003 for all 3 major indexes. That
makes me believe the end is near. I could be wrong. Since this
buyer appeared, the downside has been limited, and all technical
breakdowns have been eliminated.