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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HoodBuilder who wrote (11458)7/8/1998 10:33:00 PM
From: bobby beara  Respond to of 42787
 
Michael Yes, that could be, shorts want out of the way for earnings run-up.

If Chris has time, might be worth a chart check.

The h&s failed probably when we went below the neckline @ 69 on strong volume and reversed back up positive, but a break of the downtrend line on big volume would be a double confirmation.

I got this idea because I've been very bearish on Intel (I was very bearish on SEEK at 20 -ggggggg-)

Here is another possibility:
iqc.com

If the H&S on this one fails tomorrow, I think we can expect MUCH higher prices.

bwdik,
bb