Stock Attack II - A Complete Analysis Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jerry Olson who wrote (18868)	9/16/2001 10:42:52 AM
From: Gersh Avery	Read Replies (2) of 52237

The markets proved that they could remain overbought for extended periods of time .. Of course, that was when the price of a stock had nothing to do with the value of the company .. only how much money was available to spend on them. Oh oh .. that's still the way it is .. While the markets have been closed, US bonds have sold off and the dollar hit new lows. In spite of all the money that the fed injected. To me, this indicated foreign money trying to get out of the US. I expect that we will see the market open gapping over the mid tine of my black fork (1055.76). We are then looking at three possible bounce points 980.77, 925.05, 837.3. The 980 and 837 points are from the red fork that I currently have shown on the chart. That fork has failed before, but still shows strong activity based on the upper tine acting both as R and S. I haven't updated the date on that chart yet .. haven't had the stomach for it. gersh.homestead.com For the time being, the chart is frozen in time. It's based on open market days.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next