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 : The 56 Point TA; Charts With an Attitude
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Doug R who wrote (27746)3/26/1999 12:19:00 PM
From: ivan solotaroff  Read Replies (1) of 79214
 
TGX

Still on the low, but if it can keep treading water above 5, it's gotta be good for 10% to 30%. If it closes below 5, it
a) can be margin-shorted by MMs, but not leveraged by the rest of the world; and
b) will, on Monday, be below the level at which many institutions are allowed to buy.
The volume's almost in. In 10 days, this has dropped 35% without the vaguest chance of anyone making money on it long, and that kind of scenario usually sees a significant "correction"--just a matter of making sure you're not one of the losers when it does another 10% loss before the whip up.
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