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 : Complacency Indexes

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TechTrader42 who wrote (1127)5/1/2002 11:24:38 PM
From: ajtj99  Read Replies (1) of 1487
 
Brooke, I believe the NDX and COMP will be ultimately reigned in by either the 13-day EMA or the 20-day EMA. The stick today does seem to indicate a solid interim bottom, but I doubt we move up much past the highs Tuesday on any gains. This is strictly an oversold bounce that is still within the confines of a serious downtrend.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext