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: Tom Trader who wrote ()2/27/2000 6:21:00 PM
From: Temple Williams  Read Replies (1) of 44573
 
My Preferred Series ... sellnow.net ... appears to have moved into a short-term, volatile stretchmark that will extend well over a week before finding a bottom. You can see a lot of it on the 6-min chart ... sellnow.net .... This series makes a significant move lower, closing the Cash gap left from early October, 1999, (closes at 1253.70 Cash S&Ps). That closure is not necessary, of course. My Alternate series (discussed in my next post), for example, does not even attempt to reach for it.

The route to tag 1253.70 Cash S&Ps with my Preferred series is very devious. Of course, I like devious. It usually fulfills my expectation of "financial elitism" ... where only a handful of traders manage to grab the largest share of profits. The key to this series being the correct roadmap will be a break lower on Tuesday, after an inside day on Monday ... which gives the bulls a temporary reprieve (that may be it's purpose).

If there is an inside day on Monday, it may hint at Tuesday's collapse by breaking sharply south after the RTH Cash session, but before the close of the Spoos at 4:15 p.m. For me, that would be solid validation that we are on the way to a basement at or below 1250.00 Cash by the first half of the following week.

After registering that bottom, the index should resume it "exhaustion" triangle higher ... a triangle that carries the S&Ps to all-time highs before the end of March, and continues ratcheting higher beyond .... more ....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News