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 : Systems, Strategies and Resources for Trading Futures
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Jedi who wrote (4679)9/25/1998 12:00:00 PM
From: Tom Trader  Read Replies (1) of 44573
 
Kiri--the way that I would read Iqbal's post is that the pits are looking for a strong rally next week--as opposed to Monday. I know he said Monday and I am interpreting his remarks--and he can correct me if I am wrong.

I say this because when he gave me his projection for 80 that the pits were looking at earlier this week --he said that they were looking for it to happen by next week but it occurred within a day or two of his saying it. Similarly his projection of it going down to 40 after that was dead on--though in this instance he did not offer a time frame.

What I am trying to say is that the lows for Monday or Tuesday are not necessarily contradictory to what he is saying is the view of the pits. May be we see a strong down day on Monday/Tuesday and then a huge intra-day reversal.

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