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 : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Lost to Voodoo who wrote (2511)4/16/2000 11:08:00 AM
From: Lost to Voodoo  Respond to of 19219
 
Never mind on the moving average question. I discovered it was simple vs. exponential which I hadn't found to make that much difference in the past. I think the exponential is more helpful here as it provided the boundary for the 4/4 and 4/14 drops. What good was the 3500 boundary, other than a brief pullback?



To: Lost to Voodoo who wrote (2511)4/17/2000 3:33:00 PM
From: Copeland  Read Replies (1) | Respond to of 19219
 
Any thoughts on a dead cat bounce for NASD(a 20 % bounce from here would take us almost to 4K)followed by further gradual decline for weeks or months?

It's pretty rare for a market to make a "v" type upwards reversal back up to its old stomping grounds, especially after your leading index hit a lower low on Friday.

I have a feeling we'll see a lot of short term rallies and then sell-offs on each one, unless we get some really nice earnings numbers this week (i.e. WAY ABOVE estimates, not just a penny over). And as usual, for those of you out there who cling dearly to stock almanacs, we have a seasonal thing to contend with.