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 : Win Lose or Draw : Be A Steve, Make A Call

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Win-Lose-Draw who wrote (162)2/2/2003 4:18:12 PM
From: LTK007  Read Replies (2) of 11447
 
The danger in BB is it can get one trapped at a time when a major bull move(and one loads to shortside) is imminent and major downmove is imminent(and one loads to longside).
But on the face of it the BB and RSI on NDX are indicating a one to two day CISCO Miracle based on patterns of past year.
That momo traders en masse are primed and ready to play it as they see the indicators and remember the past and are ready to go.
So, in this sense, the recent past strongly favors both you and Steve regards their being imminent blast upwards(be it perhaps but two days) Max
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext