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 : AMIGOS INVITATIONAL YEEHAW PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (201)	5/9/1999 1:22:00 AM
From: Ken W	Read Replies (1) \| Respond to of 1316

Sergio, By using DeMark and projecting the lines from those dates that you cited would seem to indicate that the break to the up side would be 11.25 +- and to the down side of 10.75 +-. I think. I have not studied DeMark and can see how his method compares to those that I have studied. Using my old trendlines it would appear that the up trend was broken when the stock reached the 12.50 level then came down through its moving average. I also noted that the highs are getting lower and lows are getting lower on all periods of the weekly, daily and 60 min. charts. The faster charts of 30 and 15 min. charts are giving off MACD sell signals. Now, to keep it real simple, my new Window on Wall Street program is giving off sell signals each time the price hits a lower high. Ken