SI
SI
discoversearch

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 : Systems, Strategies and Resources for Trading Futures

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (28501)7/22/1999 5:49:00 PM
From: Jerry Olson  Read Replies (2) of 44573
 
Don't know yet...i had supports on the NAZ COMP at 2650...DOW 10,850

DOT at 600, OEX 700...give or take a buck or two...SPX 1360...

now if we tank from here, then we are in a full fledged large correction....

and while i'm thinking that way..i want too see these numbers crumble first..i can stand aside for a day or two to watch it...

I watch the P&F DJBB bond index..this is a long term interest rate indicator...it's moving up, and it foretells rates moving down...

this same indicator, reversed down in FEB, that lead to much higher interest rates as we saw til it reversed again...so if rates are steadyto lower..stocks might churn sideways a bit...

the market sold off today because of bonds...now lets see what tomr, and next week brings us...the weekend will give traders a chance to digest AG speach..it was to me, sameO, sameO...no change...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext