Technical analysis for shorts & longs 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 : Technical analysis for shorts & longs

SPY 690.38

+0.4%

Dec 24 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Clint E. who wrote (16537)	6/12/1998 4:21:00 PM
From: space cadet	Read Replies (2) of 69233

>>>Why do they have to pull the markets back up? >Because they have to make money like you and I by buying low and selling hi. They have already bought stocks low. Now they need to rally it and sell stocks high. Also because options expire next week so on balance they need for the market to be about unchanged. Today was a lot of sound and fury, signifying nothing. Ended about unchanged. Thus I expect not much action next week, if the big boys have any say about it. Of course, if Japan implodes, all bets are off, but I sincerely doubt that. I see next week being boring and then the real action starting the week after next. I see the signs of a good summer rally and will bet that way. Lots of cheap tech stocks now the question is which should be bought. Still studying that but am open to suggestions. I think this correction is history unless Asia can provide more fireworks.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next