Classic TA Workplace 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 : Classic TA Workplace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: AllansAlias who wrote (44554)	7/5/2002 10:38:20 AM
From: The Freep	Read Replies (1) of 209892

On shorter timeframes then. . . the NDX is chewing through resistance. The Dow is heading to the top of its trading range. Sure, it's low volume and all that, but does that matter, particularly since the downside volume last week wasn't blowout either. Also, the constant upticking today has been something I haven't seen in some time. We're short term overbought, so a pullback is to be expected. And from this board, I've learned that we gotta watch that first pullback to see how the market reacts. But doesn't it seem like the up that started off the lows is very straight. . . and therefore will likely have at least a brother leg? The question to me right now is where does this upleg end? With a gap up Monday? Or right here, cuz everyone expects a gap up Monday? the freep, who won't be around the market Monday morning either way.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next