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.

Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: Alan Aronoff who wrote (14860)	3/3/1998 11:02:00 PM
From: Lhn5	Read Replies (1) \| Respond to of 29386

<< There is an extremely strong similarity in ANCR's chart between May 1 '97 - July 3 and Jan 1 '98 - March 3 (today). If it continues, we're in for about a week of consolidation followed by a big new rally. Check it out...>> And that is not wildly different than the pattern predicted on the Ed's Cat thread <g>

To: Alan Aronoff who wrote (14860)	3/4/1998 4:20:00 PM
From: iceburg	Read Replies (2) \| Respond to of 29386

Alan, There is an extremely strong similarity in ANCR's chart between May 1 '97 - July 3 and Jan 1 '98 - March 3 (today). If it continues, we'll have about a week of consolidation followed by a big new rally. Check it out... The other chart we look very similar to is an inverted version of the chart following the last CC. There was the horror sell-off, followed by a steady but weak climb that ended at 7. It was all steadily downhill from there. This time we saw kind of a euphoric reaction to this CC, followed by a steady but weak decline to 7 (I am choosing to ignore the blip to 6 5/16 because it was really weak and never closed down there) I am hoping we will have a steady uphill venture from here. Once we break the gravitational pull of Cal's corner things will get interesting. All IMO Steve