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The Deipnosophist

Where the science of investing becomes an art of living

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Location: Summerlin, Nevada, United States

A private investor for 20+ years, I manage private portfolios and write about investing. You can read my market musings on three different sites: 1) The Deipnosophist, dedicated to teaching the market's processes and mechanics; 2) Investment Poetry, a subscription site dedicated to real time investment recommendations; and 3) Seeking Alpha, a combination of the other two sites with a mix of reprints from this site and all-original content. See you here, there, or the other site!

21 April 2005

What Ray sees...

What Ray Fairfax notes
"... Folks who have been focusing on the perceived H&S top are missing a lot. Awesome relative strength in a weak market, nice tight daily bars in it's first true base, the three weeks tight pattern in March on the weekly chart with it's RS line getting set to hit all time highs before the share price does..."


[click to enlarge]

especially re GOOG's relative strength leading the price to higher highs is a classic tell in this Daily Graph (from William O'Neill). BTW, GOOG shares last traded in after hours (AH) activity at ~$222.

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