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 : Chart Formations -- Ignore unavailable to you. Want to Upgrade?

To: sean sanders who wrote (134)	1/14/1999 11:11:00 PM
From: belker	Read Replies (1) \| Respond to of 967

Sean, It was a big down day for the market yet this stock shot up strongly. If you want to try and capture any up move, just move up your stop. You take the risk of losing some of what is already there but that's the game. If you want less risk then take it out were it is. You're right about prices retracing to the neckline. Responding to the fact that the Dow gapped down big time two days ago and shows continued weakness is not so much a fear thing but prudence based on TA. Trade in the direction of the overall market. Maybe it's just some profit taking and I am an alarmist. Bob