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 : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bull RidaH who wrote (36141)1/8/1999 1:11:00 AM
From: Vitas  Read Replies (2) of 94695
 
David, I think there is a reasonably strong possibility that we are putting in a triple declining slammation pattern in the advance decline line. We touched the down trendline that goes from 4/3/98 through
7/16/98 yesterday.

For a general example see:

decisionpoint.com

September 89-January 90. Oddly enough, that was a beginning of January move also.

The extremely low CBOE put/call ratio would lean towards this outcome.

On the other hand.... Time to be nimble.

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