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 : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Webb B Blackman Jr who wrote (8762)	10/4/1998 10:03:00 PM
From: Ken Carter	Read Replies (2) \| Respond to of 12039

Webb, Thanks for the chart. It worked just fine. From the chart you sent LU is and has been in a DOWNTREND for a while. If someone was a Day Trader or very short term trader then one could make money on LU but as Dave said, he would never consider a stock in a DownTrend. I was just trying to figure out why he would then mention LU? It seems to me that whether in a Weekly Chart or a Daily chart it is Still in a downtrend. Just wondering if I'm missing something he said or if there are exceptions to his rules... Thanks again Webb, Ken