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 (36246)10/12/1999 3:52:00 PM
From: Chip McVickar  Read Replies (1) of 44573
 
Yup, there it is...complete Key Reversal Day...meets all the requirements....spans the previous day and closes below its close and opening.

On the 8th the SPX had an outside day which was *not* a true reversal, it just spanned the previous days trading, but that incomplete pattern seems to signal weakness and lead directly to todays sell off. That is why I was short so aggressively.

BTW....looks like I'll live to trade another day in this contest.

Chip
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext