today's chart 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 : today's chart

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Claud B who wrote (967)	6/13/1998 1:24:00 PM
From: Claud B	Read Replies (3) of 1267

**CHARTS UPDATED I'm beginning to feel lonely here. <g> This week's charts are somewhat telling, to say the least. 1. The Summation Index looks terrible. I don't see a bottom in sight, short term rallies not withstanding. 2. Bonds and the Dollar have done very well...BUT...what happens to the market when this safe-haven buying dries up? I think the market has held up (believe it or not, it has) because of support from these two markets. 3. The vix has again reached previous rally highs. One of these days I expect it to surge. 4. Be careful of the Russell 2000 index. It should be very volatile between now and the end of the month as additions and deletions are made to this index. (It happens each year at this time.) Notice too that the weekly ROC has again dropped below the zero line. It's from this area that buy signals are generated. 5. I have added 2 charts this week of stocks I'm watching. Despite severe weakness in the technology sector, NOVL and FORE should be watched. *I have no personal position in either of these two stocks. Good luck to all for a good week. ClaudB pw1.netcom.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next