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

To: horsegirl48 who wrote (35209)11/9/2000 3:41:28 PM
From: donald sew  Respond to of 42787
 
Horsegirl,

That DESCENDING TRIANGLE is ominous, but we also have positive divergence in the MACD and the NAZ NEW LOWs.

If I am correct about this bounce, then this forthcoming rally needs to take out the UPPER TRENDLINE of the DESCENDING TRIANGLE(around 3300). If it doesnt, then another retest of 3000 is possible. That 3000 support line can only take so many retests.

I did just open a very small, even smaller than normal, UOPIX position(long-NDX) to play this bounce.



To: horsegirl48 who wrote (35209)11/9/2000 3:47:39 PM
From: donald sew  Respond to of 42787
 
Horsegirl,

Just wanted to add, that this bounce should start either today or FRIDAY. So we could still head down tomorrow intraday. Our UOPIX position(website account) was only $500 so it was very small. Didnt want to give the wrong impression that I was overly bullish either


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News