Effective Trading In Our Markets. Learn, then Earn 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 : Effective Trading In Our Markets. Learn, then Earn

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jerry Olson who wrote (1611)	9/18/2002 5:37:01 PM
From: Frederick Langford	Read Replies (1) of 1854

Market Swing Discussion: Chat Room Notes and Recaps ------------------------------------------------------------ Posted by Nikko_thyme on Tuesday, September 17, 2002 - 9:44 pm: Chat Notes 9/17/02 8:30 PM Monthly Signals: SOX: Inter-month CLASS 1 BUY All other indices are trailing behind the SOX. Weekly Signals: All indices are in the LOWER MIDRANGE/OVERSOLD area. Daily Signals (Closing Basis) NAZ, NDX: Borderline CLASS 1 BUY DOW: CLASS 2 BUY OEX, SPX: Borderline CLASS 2 BUY SOX: CLASS 1 BUY VIX: UPPER MIDRANGE/Nearing OVERBOUGHT VXN: OVERBOUGHT USD: MIDRANGE HUI: MIDRANGE/LOWER MIDRANGE If the market continues down tomorrow and closes at the lows the signals could line up as CLASS 1 BUY's, which would be a more reliable reading. Donald is not anticipating a large rally. Donald noted how the market internals are deteriorating. Donald covered just over 1/2 of his short position, leaving him with an 18% short position. The Capitulation indicator has a reading of 4.7, but still has room to move up. In July it reached 5.9.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next