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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jack T. Pearson who wrote (23586)	5/25/2000 4:01:00 PM
From: donald sew	Read Replies (2) \| Respond to of 42787

Wow, when I said we may have a ZIG-ZAG in my update, never thought it would be like this. Here's the reason I bought a small position in the USPIX. Since I just got a CLASS 1 BUY signal in the DOW, if the DOW starts to rebound then we may see sector rotation from the NAZ back into the DOW. I may be wrong, since if the DOW is technically breaking down then sector rotation from the DOW to the NAZ may continue as was the case earlier today or follow the DOW down. Keep in mind that my mid-term technicals in the NAZ got to the midrange today, and the midrange is flip-of-the-coin territory. Its too late, but as a afterthought I should have initiated a hedge position with the USPIX/UOPIX, since it was in the midrange. If the NAZ stayed positive while the DOW sanked, I would not have initiated that position. This was a tough call, so I kept it small