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: Arik T.G. who wrote (13366)8/1/2001 9:38:07 AM
From: Paul Shread  Read Replies (4) of 52237
 
Trend exhaustion is also a possibility, just in time for the full moon/Bradley turn over the weekend to be a strong one. I'd rather see Class I Buy signals on Friday based on the way the cycles are lining up. Class Sell signals heading into the turn would not be encouraging for the long case.

Also, leading stocks like CSCO and MSFT look weak (CSCO's earnings next Tuesday should cement direction one way or another) and sentiment is pretty giddy. Not supporting factors for the bullish case. A trendline break would just about suck the last spare cash out of J6P's Ameritrade account.

And we have intraday rising wedges or bear pennants off the recent lows, which seem to target the lower wedge boundaries on the COMPX and NDX. A better entry point if we get there.

All JMHO...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext