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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (26194)9/17/1999 5:26:00 PM
From: Rick Hay  Read Replies (1) | Respond to of 99985
 
Heinz,

Very scary on the Dow at 10850. Everyone was waiting to see who would blink first. Is it a good chance that Monday we will see the market drop since this resistance level was tested and did not yeild? What other indicators should we be looking at in your opinion.

I went short at the end of the day but I saw resistance are 10800 and I believe that to be a false support line as we've had relatively easy movement in the past through that point.

Also, which industry sector stands the most to loose in the next crash? Financial and or Computer Hardware?

Regards,

Rick



To: pater tenebrarum who wrote (26194)9/17/1999 9:42:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
I heard a tech fund manager on one of the business news shows say the same thing last week. Similar to fall of 1995, there's a lot of double ordering going on in the semiconductors.


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