AI
Sunday, January 05, 2003 3:35:59 PM
Charts: I'm seeing what looks like a lot of stalled-breakouts, i.e., charts breaking out by a hair then stopping, often with a doji-ish candlestick. Either that or charts which stop right at the breakout line.
The cynical side of me says that this is because "they" pumped the market madly right at the close on Friday so that the first week of the new year would look good.
The non-cynical side of me ... um ... well, it pretty much died a while back. {g/ng}
Here are three rather important examples:
MDA Thread #board-1320
Turnips Thread #board-1125
Trading Info #board-1220
Like my charts? Join StockCharts! http://www.stockcharts.com
The cynical side of me says that this is because "they" pumped the market madly right at the close on Friday so that the first week of the new year would look good.
The non-cynical side of me ... um ... well, it pretty much died a while back. {g/ng}
Here are three rather important examples:
MDA Thread #board-1320
Turnips Thread #board-1125
Trading Info #board-1220
Like my charts? Join StockCharts! http://www.stockcharts.com
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