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: fut_trade who wrote (42630)	12/20/2000 4:34:06 PM
From: Patrick Slevin	Respond to of 44573

Besides a hunch, and the spike into 2:15? TIKI hit +30 around 2:15. That means that the rally buying probably peaked. Had the reverse been true and the Market had been going up all day then TIKI hit +30 I might not take it as a sign of a reversal. But when it powers higher off lows and then TIKI limits out I had to presume that it was a last ditch effort to bring the DJIA back and it was failing. Failing because you cannot get a stronger TIKI than that, it had to slow and come back. My guess was that coming back it would target the 1286 level because the retreat halted and turned there twice....next time it was likely to crack. Obscure Daytrade junk. Of little use to position traders so you may not hear about it on the TA threads a great deal. It's rare anyway, usually just pops up in odd situations.