Price Time Volume Investing

Microsoft (MSFT) is at resistance at the 1:1 Gann angle. Continue reading

Intel Corporation (INTC) made the news today by being up over 4% on the day at one point. Because I am growing weary of the daily index churn I will look at the INTC chart as I did with CSCO and MSFT earlier in the week. Using the range of the 2000 high and the 2002 low as the 1:1 Gann angle, we can see price respecting the 1:2 angle in 2004 and currently the 1:4 angle. Continue reading

The longer term chart of Microsoft (MSFT) shows a big falloff from 2000 and little change from 2002 to 2006. The range square from 2006-2007 is the first significant and measurable move since the 2000 drop. It looks like five waves down from 2007 which usually will not lead to a big move up without at least a retest of the low after and a-b-c counter trend move up. Continue reading

Looking back to the 1987 crash as a low the SPX is in pretty good shape. Price followed the 1:2 line until 1997. Had price corrected here and then resumed the trend the SPX would be exact in the same place as it currently is. Continue reading