Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Defrocked who wrote (39529)	10/28/1999 5:20:00 PM
From: John Pitera	Respond to of 44573

I put a short on last tuesday at your suggestion....left it on all week ......sold at 1274.50 and covered this morning before the number at 1310.........aahhhheemmmmm -vbg- remember me for the big bond trade -g-

To: Defrocked who wrote (39529)	11/1/1999 5:38:00 AM
From: John Pitera	Respond to of 44573

Def, since you are a candlestick fan here is some commentary on the Dec Bonds.. this is expert generated analysis. Not too much bad news by this view. John Review of US Treasury Bond Dec 99 (US Z9) as of 10/29/99 A big white candle occurred. This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off of a support area (e.g., a moving average, trendline, or retracement level), the long white candle adds credibility to the support. Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout. During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 24 white candles and 25 black candles for a net of 1 black candles. A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow). This usually implies a continuation of a bullish trend. There have been 4 rising windows in the last 50 candles--this makes the current rising window even more bullish. Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.