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.
Politics : Idea Of The Day
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerry Olson who wrote (22895)1/25/1999 10:54:00 PM
From: IQBAL LATIF  Read Replies (1) of 50167
 
What a move from yesterday's morning gloom- when I started posting the futures were down and prevelant opinion was we go down.. However I kept my supports as points where I would like to enter..Even BKX after all that initial dilly dallying played and moved above the 799.09 point.. I think C group earnings helped.. On internets I think we will still get these movements, but got to live with them if we need to make some good profits on picking at the lows and getting out at the highs..

The mood as too pessimistic over the weekend, although 'Real' closed at 1.78 lower than 1.73 Friday closed and I expected the Brazilian currency close to have some bearing on the market but I decided to continue with my supports and I was rewarded the move is back up to 1248 area and here I will see my resistance being tested at 1255.. even 1260-64 area break is not a sure sign, I will like to think that they will suck a lot of people in at 1264 area and bring the market to close at 1257 even if they are able to take out the 1255 today. Although that should be on a recovery from Brazil..

Japan has nicely move up as expected and Kevin's trade must be doing fine, not ot follow the crowd has its own advantages as I wrote last night 'markets don't fall because someone on SI wants it that way', markets take the path of least resistance and nice to see that we were on ball.
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