Ask Mohan about the Market 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.

Pastimes : Ask Mohan about the Market

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robnhood who wrote (13172)	1/16/1998 9:31:00 AM
From: Syd Deem	Read Replies (1) of 18056

Oh oh: this does not look good for BEARX - From the Avid Trader site: "There has also been a sudden onslaught of truncated reversal patterns: new lows that at first appear to be on their way to the next targeted support, albeit without confirmation among technical indicators' action, and suddenly reverse higher to close above the previous two relative low closes. In any one or two situations the pattern may be one of the more reliable, but the sheer volume with which the Tech sector is producing these within days of each other suggests a sharp Tech and NASDAQ rally in the works. We are looking forward to finding out why."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next