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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (8792)3/23/1999 10:42:00 AM
From: Jerry Olson  Respond to of 99985
 
Nice Chart LG...

my number for P&F 9600..is because of what they call a high pole...

when a stock or index runs up without abreather its a high pole...same for a downside spike, a low pole...they usually retrace about 50%...

so based on that chart i calculate 9600, that would be a 50% retrace of the "High POle"....

it we break that, 9250 is the next stop straight down...a better BTD opportunity...