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 : Stock Attack -- A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chris who wrote (10510)6/18/1998 9:21:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (1) of 42787
 
here is a good little explanation from Bruce
sometimes those familiar with the terms forget how confusing they can be

To: +lisa (3837 )
From: +Bruce Edelstein
Thursday, Jun 18 1998 6:55AM ET
Reply # of 3863

Lisa, just a couple of quick things about Bear Confirmed status in the NYSEBP.
Chartcraft sums up the action called for as follows: "Very limited upside chances and
look for puts and shorts". Bear confirmed is basically a sell signal in the indicator. If I
recall from Tom's book, he urges individuals to take note of the "field position" at which
the bear confirmed signal is given. The closer to 70% the bear confirmed signal is given,
the more dangerous the implications of the signal. The market has already undergone a
nasty decline and we have not had a bounce into a column of X's on the NYSEBP as of
yet. A move to the low 40's on the chart might be a good place to look for a place that
a bounce might occur.

Take care, Lisa.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News