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 : Technical analysis for shorts & longs
SPY 685.66+0.2%Dec 5 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joseph Beltran who wrote (8172)10/30/1996 1:02:00 AM
From: bobferg   of 68650
 
Hello Joseph:

Saw Herb on TV did you? He sure has been making the rounds lately, working hard for the stock/stockholders. One of the best CEO's in the world IMO. Crude oil is starting to look short term toppy to me and if it breaks I plan to jump on LUV long, great company.
Re the utilities, you're asking the wrong guy. I did a study on it once and found no predictive value whatsoever. Now with deregulation in the mix I really don't have a clue. Thought they were kind of weak today considering the vote of confidence from bonds.
Bonds should lend support to this market, I agree with Tom. I plan on jumping on bonds also if they test the breakout level. As far as the Nasdaq, I'm bearish for a while but I can't really see it falling off
a cliff. Just looking for a test of 700 on the NDX.

bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext