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 : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Ms. X who wrote (169)	1/28/1998 9:46:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 34811

Jan, So do you think it is too early for me to sell my ABX? <g> You should point out to the "other" Tom that I called the bottom and got into ABX at 17 3/8. Boy, do I feel smug. (and I don't want to hear anything like "you should have waited for the buy signal"). TD (damn, that is a pretty column of Xs)

To: Ms. X who wrote (169)	1/29/1998 11:31:00 AM
From: Allan Harris	Respond to of 34811

It appears to me that April Gold has issued a Double Top buy signal as well as breaking up through the newest Bearish Resistance line drawn from the $300 area at the end of 1997. The line would be drawn from the top of the column of X's just prior to the column of O's that took Gold down to the $280 level in earlier this month. In his chapter regarding commodities, Tom Dorsey states, "Raise or lower the Bearish Resistance line whenever possible." If this analysis is correct, Gold and all of it's derivitives should be in uptrends. Again, from TD: "If the underlying commodity breaks the Bearish Resistance line, began to trade long as the trend is now up." Allan, King of France