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 : Charts & Scans

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ron who wrote (794)9/30/2001 11:46:27 AM
From: robert b furman  Read Replies (2) of 5125
 
Hi Ron,

Great article.
I agree on the timing issue and really am heartened to see a confirmation on my belief that IF we are lucky enough to get a second retest - it will be a gift and time to go long.

I think it should happen in the next month or two.One possible difference -the volume incurred by the unforseen events of Sept 11 may have accelerated the climax and accumulation of stock.It always is different and an open mind to a different pattern is a plus ( I think ).

Notice the second VIX spike up to 60 in 98. We may not have that great a clue - if the huge historic record volumes of the first week of trading after WTC event got a lot accomplished, as I think they did.Certainly a lot of shorts covererd, now maybe we need to see a trap catch alot of brave shorts - that being the case we'll have a nice final VIX spike.

stockcharts.com[l,a]daclnnmy[d19980601,19990601][p]

Thanks for the great post.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext