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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: jsavage who wrote (27418)	3/16/1999 4:03:00 PM
From: Doug R	Read Replies (3) \| Respond to of 79296

Jeff, IATV: It's somewhat late in this cycle for IATV. There may be a tendency for it to set up a head and shoulders here. Keep an eye on it as it gets to the 7 to 7 3/16 area (most likely 7 3/16). A run in the large caps, which seems almost inevitable, to me, would continue the long term trend of keeping the serious money out of smallcaps for at least the next 3 months (maybe longer). For stocks with "late" charts like IATV, there is likely to be yet even more of an extended basing period. This assessment is very much in line with my view that the Dow will reach 11,400 at the end of June/beginning of July as well as my post to Sergio re the R2K. Doug R