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 : P&S and STO Death Blow's

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jjstingray who wrote (27158)1/30/2003 10:03:29 PM
From: Jeff  Read Replies (7) of 30712
 
There have been 176 posts today

yup....and 90% are useless.....not bad for a t/a only thread set up for no daytrader noise...or fundamental opinions....<gg>]

anyway....to review the important things.....

Message 18457187

as noted two weeks ago...the bearish engulfing....but more important the bradley two week trend from 1-17 to 2-3-6.....

as talked about last week through all the useless noise....the trend broke down of course.....the talk was pre war dump.....

so far this week was a wash....as we were at 1320 monday.....just a bunch of daytraders showing why daytrading can be hazardous to your wealth and general mental health....<ggg>

you will notice the next bradley trend will be from 2-6 to 2-20.....it will be a trend change or "extended" trend.....that will be determined next week likely after CSCO reports......amazing how the bradley always has these turn points right around CSCO earnings....<ggg>

the 3 daily sto's are all still OS.....but one sto...my full 7-2-2 has a db after today.....

as mentioned the first week of january....if this 1320's area breaks....1270's is the next target.....since then i see others mentioning that area......

worst case upside is threatened right now with that 7-2-2 db and break of 1320's......

in that case.....the 1270's to DT 1460's is the next scenario as mentioned a few weeks ago.....

because my canary also has that db.....next week i'll find out fast if that 1270's area will hold or break.....thats no big deal if that goes because the obvious targets then are old october gaps......

i was going to just play crappers till feb....but with this news....i likely will be spending more time on them now this year.....

biz.yahoo.com

they did this also after sept 11th and it allowed many cheap stocks to stay around for the bottoms in july and october so they could be around for 200% or more ramps.....

what this does again.....it will allow these to be around at the bottoms this year.....and when this market bottoms.....you daytraders will think you are doing fine with your 20% days here and there off a bottom.....but these crappers with new life will be doing 100-200% in a day and 500% in a few weeks once they go off a bottom ramp.....

anyway....i'll be spending most of my time on this.....besides...this thread has lost its original intent....i used to hate the daytrader threads....and for good reason....you notice how nearly all the daytrader threads are dead and gone.....theres a reason for that....most of the daytraders went broke.....

so...since this thread has turned into something that has failed in the past....a daytrader thread.....

i'm pretty much done posting here.....

lurkers....follow this thread at your own peril.....use your bradley geo for trends...AV-DB...pick your spots and trends to position for trend holds to avoid the whipsaws and you will do better than trying to play and call every little wiggle.....

good luck.....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext