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: Benkea who wrote (29306)10/13/1999 7:55:00 AM
From: donald sew  Read Replies (3) | Respond to of 99985
 
Benkea,

Although the futures are down strong, I have to wonder how option expiration week may limit the downside. Heck, the market could sell off very hard right now, but I would not be surprised if the the selling over the next few days may not be as strong as many think. If that is the case, of course we will hear bullish comments saying that the follow-thru to the downside is weak. However, we need to remember that we have some important economic reports.

If the selling is weak, I think the key to watch is the market internals especially the NEW HIGHs/LOWs. If the selling is weak, but there is no or very small improvement in the NEW LOWs, that would imply that the selling should continue/intensify with news permitting.

seeya



To: Benkea who wrote (29306)10/13/1999 8:39:00 AM
From: TimbaBear  Read Replies (2) | Respond to of 99985
 
I don't know when the last time was that you applied for a mortgage, but the loan officer/broker gets to know everything about your financial affairs....if market playing was an issue, I believe I would have seen it in the files I have handled.

I am not trying to convince anyone of anything....far be it from me to attempt to change people's prejudices....I am just saying that as a professional in the field, I've never seen it....I don't know how anyone else processes data, but I have found that my own biases tend to weaken my abilities to trade objectively.