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 : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: tech fool who wrote (24569)	12/16/1999 2:51:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69810

Hi tech fool, Thanks for posting. I have the same kind of concerns. I have 55 percent of all stocks more than one standard deviation below their 200 SMA. Normally, this would be signaling a potential rally, but since the indices are so close to their highs, it would seem to indicate a lack of breadth in the markets advance. I notice stocks that most people would not normally touch like POCI are starting to move too. I think most people are looking for something that represents value or a story out side of the normal blue chip stocks to get some more bang for their buck. The intra-day volatility is pretty incredible too. Triple witch is tomorrow so anything and everything can happen. The week before Christmas is pretty quite, so we might see people squaring their positions next week. Harry