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 : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (1668)9/18/1998 6:14:00 PM
From: bobby beara  Read Replies (2) | Respond to of 3339
 
Tuesday, October 22, 1929, Page 24, Col. 1
FISHER SAYS PRICES OF STOCKS ARE LOW Qoutations Have Not
Caught Up With Real Values As Yet, He Declares

SPX Trendlines.

There is an angled head & shoulders pattern on the SPX, drawing along the tops of the may june trading range and the august trading range.
and the bottoms of the same trading ranges. Yesterday we reversed hard off the bottom of that neckline. That point is also coincident with the trendline off the 4/97 and 10/97 lows, which was broken on high volume and has now been retested.

The H&S pattern has a projection to the 900-920 area. Today was a low volitility day on the DOW, comparable low volitility days from the top were 8/19 and 7/17.

bb