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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (11773)	2/2/1998 12:06:00 PM
From: R. Ramesh	Read Replies (1) \| Respond to of 79283

Doug: GTAX I read your message on GTAX thread and got the impression that you think that there will be a small pullback (perhaps in the mid 9 range). Am I reading you thoughts correctly. Also, what are safe - I mean less risky - upside expectations for GTAX? Ramesh

To: Doug R who wrote (11773)	2/2/1998 9:57:00 PM
From: Ocote	Read Replies (2) \| Respond to of 79283

Doug R-- Looks like you had a nice day. Nice to have that Dow RSI breakout to get you oriented northward ahead of time :-). Looks like a nice agressive attack at the upper BB on the Dow with no fallback. MINI mentioned as a nice long term cup and handle--nice breakout today! One of the few days one could buy at the open at the low(I did). Another cup and handle(8 years long!) I've been watching for 2 months: CMED Broke out of handle today on 7x normal volume +11%. You probably have already looked at or mentioned before: NRVH. NVLS joined in the party today, +4.6%. Have a good night. Ocote

To: Doug R who wrote (11773)	2/2/1998 10:35:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 79283

Doug, on a cup with handle formation...If you were trying to explain it to someone other than that it looked like a cup with a handle, would this definition suffice..."A period of consolidation of a stock in an uptrend, where it spikes downward and then tends to drift at about the same price level for a time,finally it begins a gradual ascent, before spiking into a flag pole formation"....Any additions or corrections appreciated, as you know I am trying to learn, not just challenge you...Thanks...Mark