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 : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: Redhead who wrote (2109)2/1/1998 11:50:00 AM
From: Doug R  Read Replies (2) | Respond to of 2377
 
Redhead,

Since the IL shows overexuberance, I would never expect a stock to go up because it is below that line. I do however expect one to go down alot if it is over the IL. BTW, I named it the "impossible line" because once a chart first satisfies the requirements that validate the IL, it looks quite impossible for the stock to actually go as high as the IL gets. CADE, RECY, BLSC and RADAF were POW's that went to the IL. ABTX was a 56er favorite from months ago that got there recently and Carolyn S. just found a stock in the early stages of IL dynamics: TXCC. I'll be watching that one closely.

Doug R