KEEP IT SIMPLE TRADING 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 : KEEP IT SIMPLE TRADING

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ALTERN8 who wrote (53)	7/25/2003 3:52:25 PM
From: Michael Watkins	of 321

When price is stuck in one of these big intraday ranges I personally feel it pointless to call direction - in that time frame. Just after lunch I posted elsewhere some musings that the diabolical outcome might in fact be up; the daily chart isn't all that bad after all. Despite a down close yesterday, clearly price was able to achieve a higher high. trendvue.com And so the day progressed... trendvue.com Agree with the other poster - this morning the futures were extended in the shorter intraday timeframes and it was time to drop shorts and look for a surprise. But the Bottom Line: price is still ina fairly tight intraday range crafted over a number of days. Anything could happen next week.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next