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Re: Jamestown post# 40

Sunday, 04/01/2007 10:03:44 PM

Sunday, April 01, 2007 10:03:44 PM

Post# of 19057
Internet, COT & PF charts:

Good that you are pointing out COT chart. As you might have noticed, I have posted the chart on my website as shown below. It is a good thing that you are posting the comments since I am still getting used to getting familiar with iHub environment and traders-talk. Each of the website uses different links to post charts. They are all different, so I need to modify for each website.

http://www.trend-signals.com/Comments/2007/COT.htm

PF Chart:

If you could also focus on PF charts, it will be great since I don't take a look at PF. Please post your readings on PF charts. I know that some do favor PF over other TA readings, but I do not use PF, but I am interested in certain PF patterns. When scanning stocks, I use PF formation scan; then check it with normal TA. Nice that you like PF.

SMH:

Yes, SMH is staying in a trading range for several months and when it breaks out from the range, it will make a stronger move.

I am also changing computers, so it takes time to link those together as well as visiting other states. So, I will be busy and hope that you are keeping your good eyes on markets and post comments.


FUTURES:

Futures, indeed, have turned positive since I posted last time as I can see that it is positive now.

INTERNET:

BIDU is trading at an important support.



AMZN is also trading in a range and closed at lower range.



GOOG is trading at 50ma resistance. Breaking above the resistance will be favoring it to retrace to the top.



YHOO is trading at Symmetrical Triangle resistance; trading at an important S/R. Good to watch for a breakout.



TWX closed at a support with a big head & Shoulder formation.
Breaking the current support will be bearish.







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