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 (123139)	8/20/2005 4:53:51 PM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

<<.... a 4 year old trend suddenly turning..>> Thanks....those last two posts of yours particularly interesting. Just want to say I was simply passing on FWIW those "sentiment" comments from Barron's. As you know, I hardly know what VIX is.....let alone comment on it.....and same with most other "sentiment indicators".... Also, not at all sure that what I'm looking for when I say "topping" here amounts to "a 4 year trend turning".....But that underscores that I guess I really need to do some work on how much of a decline I would be looking for, and how it would fit into the longer-term trend picture. And to further clarify where I stand.......I trust you are very clear that I do NOT have any views which would warrant entering any BETS against any opposing views of yours..!!....LOL PS... Re IBM, think I posted (or PMed to somebody) call for filling gap and moving to 84 area after ascending Apr-Jul triangle breakout.....I've been assuming it's still facing quite a bit of R around the 84/5 area........but Friday's action and volume very interesting.....and, as we say "bears watching".....g

To: Shack who wrote (123139)	8/21/2005 12:01:32 PM
From: skinowski	Respond to of 209892

SMH is still set to go either way... but those divergences are enough to keep a bear nervous... near term. Is it ever easy? stockcharts.com[p,a]faclyyay[d21][pb50!b200][vc60][iub14!la12,26,9][j57002274,y]&listNum=1