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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (53329)9/19/1998 9:56:00 PM
From: HairBall  Read Replies (1) | Respond to of 58727
 
donald: Look at the ANDREW'S PITCHFORK

Ok, what are the three parameters you are using?

Regards,
LG



To: donald sew who wrote (53329)9/19/1998 10:30:00 PM
From: Wildstar  Respond to of 58727
 
Don,
Can you explain what an ANDREW'S PITCHFORK is?



To: donald sew who wrote (53329)9/20/1998 7:43:00 PM
From: stockycd  Respond to of 58727
 
Don,
One very disturbing technical signal that has developed in the last couple of days is the D line crossing the K line (stochastics). While by itself, I don't read too much short term info from stochastics, this is a very clear signal. That top was made by both last Wed.

Also, the MACD line seems to be at a short term top. Along with my other indicators I can draw no other conclusion than a 1-2 week decline for the DOW. I do not know how low it can go but if it breaks ~7500 I agree with everyone else that we are in for a MAJOR drop. We can blame it on whatever: videogate, cigargate, Brazil, Japan, Russia, Henry Hide, stained dress gate, or even 3rdQ earnings close but no cigar gate.
This videotape could be the straw that broke the camels back for Clinton.
Just my opinion. And I could be entirely wrong...

Views from a long time lurker...
CD