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

To: HairBall who wrote (56338)10/26/1998 11:03:00 AM
From: James Strauss  Respond to of 58727
 
New Highs 12

New Lows 14

LG:

Favorable New Lows continue to be below 40... When the New Lows start drying up the market goes up...

When the McClellan Oscillator revisits the "0" area we should be ready for a resumption of the Up Move... For now, the Small Caps are the best buys...

Jim



To: HairBall who wrote (56338)10/26/1998 11:14:00 AM
From: donald sew  Read Replies (3) | Respond to of 58727
 
LG,

Although the DOW broke the lower trendline of the 60-MIN DESCENDING TRIANGLE, there really is not much follow thru to the downside. Also the lower trendline was only broken by about 20 points, so I cant call that a significant break, since I normally use 50 points as a rule of thumb.

Subjectively, we could see a bounce back up to the UPPER TRENDLINE of your FLAG, and if it is broken - we go higher.

Seeya


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News