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To: Shack who wrote (131605)4/3/2006 4:55:57 PM
From: Henry J Costanzo  Read Replies (2) | Respond to of 209892
 
AMD.....Today's fall to new low since Jan 18, on increasing volume, raises the possibility that a bearish flag pattern, formed since mid-March, has been broken.....and would measure a fall back to approximately 28....or the support level from the still rising 200d SMA..

FYI......have hedged my long shares...........

home.twcny.rr.com



To: Shack who wrote (131605)4/3/2006 5:51:38 PM
From: Henry J Costanzo  Respond to of 209892
 
Looking at some comparative 30min wiggles charts since mid-Jan...and thought they might be of passing interest to somebody .(..maybe even to you, Shack...LOL.).....

Nothing not apparent before, but pictures make easier to grasp...at least for my level of comprehension..ggg

COMPX today and past couple of days just catching up with relative levels reached by SPX more than two weeks ago...

And NDX just catching up with COMPX levels of about a month ago..and still far behind COMPX today....

home.twcny.rr.com