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 : Classic TA Workplace

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: venividivici who wrote (131860)4/15/2006 6:41:21 PM
From: skinowski  Read Replies (1) of 209892
 
top of a B of iv off the October bottom

Like I said, VVV, imo there is no payoff at this time in trying to guess correctly the structures on the major indices. I think all this choppiness all over the place is mark of "ED-ishness", and that the markets will soon begin to feel the headwinds from seasonal and cyclical influences. (but who knows). Mr. Market will, in due course, give us more clues - which, hopefully, we will be able to interpret correctly.

And for everything else, there are stops... -g/ng.

I haven't been this flat in my trading positions in quite a while. Why rush? If we break out up, I'll try riding the swing... as I look for a top. If we seriously break down, I'll try to short the rebound.

As far as NDX goes, note that the index came down pretty sharply since April 7... and overlapped with all of March tops. This puts a dent in the "potential impulsivity" of the March - April rally.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext