Idea Of The Day 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.

Politics : Idea Of The Day

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: nicewatch who wrote (23371)	2/10/1999 3:20:00 AM
From: IQBAL LATIF	Read Replies (3) of 50167

From what I make of your studies I think I am much more confirmed that 1210-1192 is the area which should hold if this move is correction of 5%. If we break this area I would think we can break to 1150 area, for me a test of 1780 on NDX will be in offing. I would like to play this market hoping that 1210-1192 bands hold and expecting a double close above 1228 to see this thing off here at 1218 as its only test. I am a firm believer in 50 days MA tests and I would probably think that this is that overdue test, never since Oct we have seen this 50 days MA on SPH. Even when we tested 1210 last time the 50 days MA was at 1200, so if we are unable to stay below 1228 today and go up. I will even without a second close tend to think that yesterday break was false.. I am surprised the global markets did not react to yesterday's selling.. I think lets play this by the book and see if 1228 is taken out or not, I would like SOX 392 to broken 410 on RUt to be taken out and DJT and DOW to break this 9200 stranglehold if this market has to move on.. The road maps are quite clear and what we need to do is to trade the best we can..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next