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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (56329)	10/26/1998 9:14:00 AM
From: donald sew	Respond to of 58727

INDEX UPDATE -------------------- In one of my earlier post I had mentioned that the DOW was forming a DESCENDING TRIANGLE per the 60 minute chart. Per the daily chart it is forming a pennant. The UPPER TRENDLINE of this triangle/pennant is at about 8500-8510, and the APEX, which will be the same for LOWER TRENDLINE(horizontal) is around 8425-8430. Hard to pinpoint better with the chart Im using. If the DOW breaks the upper trendline it will imply that the DOW will be moving up more. Seeya