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 II - A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lee Lichterman III who wrote (12256)7/20/2001 8:38:56 AM
From: Lee Lichterman III  Read Replies (2) of 52237
 
Our site is acting funny and being slow but I don't have time to mess with it before going to work so just going to put some stuff here before I leave....

Dollar chart showing short term over sold and painted a doji yesterday. I would look to cover shorts on it or hedge.

OSX ( Oil Service) is sitting on the weekly lower fork tine and looks like an imperfect hammer bottom. Might be worth a look.

NDX chart showing good strength still considering all the bad news. Cycles point to further weakness next week but will reach over sold around mid to late week. My only concern is the High Low indicator which is actually up in teh over bought range and points to more down likely next week. I will have to see if that drains in the next few days to give upside room or if it is a sign that the bounce will be weak. The falling larger wedge is also a slightly bullish sign and knowing that new moon's lately have signalled bullish moves, that after earnings periods have tended to favor the bull side since real news can't deflate fantasy hopes of turn arounds etc are also favoring the coming time period, this won't get any easier to trade.

Ooops, I am late ( as usual and have to run)

Good Luck,

Lee
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