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.
Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: F. Evans who wrote (22004)4/18/1999 11:12:00 PM
From: lib  Read Replies (1) | Respond to of 37507
 
The fact remains Frank, as I've stated before, Dagan's name is now being mentioned on bii's very own web site, and it is being dragged through the mud there. Completely unacceptable and extremely unfortunate and disrespectful to bid.com. Not the time and definitely not the place.



To: F. Evans who wrote (22004)4/18/1999 11:40:00 PM
From: Denise D  Read Replies (1) | Respond to of 37507
 
Frank,

No prob. I'm lazy tonight, so I'm just going to quote from the book¹, alright?

• pennant formations are quite common
• represent brief pauses in a dynamic market move
• preceded by a sharp and almost straight line move
• represent situations where a steep advance...has gotten ahead of itself, and where the market pauses briefly to "catch its breath" before running off again in the same direction
• among the most reliable of continuation patterns and only rarely produce a trend reversal
• very closely resembles a small symmetrical triangle
• volume should dry up noticeably while (the pattern) is forming
• relatively short term and should be completed in one to three weeks
• patterns are completed on the penetration of the upper trendline
• the breaking of (the trendline) should take place on heavier volume
• occur(s) at about the midpoint of the market move


Denise.

¹ Murphy, John. Technical Analysis of the Financial Markets, p141-145