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 : Stock Attack -- A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Shread who wrote (37671)12/8/2000 2:53:39 PM
From: donald sew  Read Replies (2) of 42787
 
Thanks to all for the well wishes for my mom.

Just got back for a few minutes, but will have to leave again.

Quickly, Today is quite bullish. BTK and SOX breakout are significant positives. The NAZ NEW LOWs are still improving on a relative basis.

If the NAZ/NDX closes at/near their highs, my short-term technicals will be in the overbought/CLASS SELL territory, so today/MON should be a fair/good time to take short-term profits. Im not suggesting any short play though, but this forthcoming dip should be bought.

I am still not eliminating the possibility of some sort of a retest, but it should be a successful retest in the NAZ/NDX if a retest occurs.

Im more positive on the NAZ/NDX in that either an important bottom or that it is closer to a bottom than the DOW. If there is more downside in the future, I believe the bulk of it will be with the DOW, not the NAZ/NDX. So overall, Im more bullish/less bearish on the NA/NDX.

For my personal account I actually had a strong upside bias going into today as with our website account which has the upside bias in the ratio of 4:1. Will be taking some profits today, but not all.

Sorry, that I have been unable to respond to any posts, and may not be able to until earlly next week..

got to go

seeya
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