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: JRI who wrote (39042)	12/22/2000 1:15:50 PM
From: adcpres	Read Replies (1) \| Respond to of 42787

Seems more like yesterday to me. Take a look at the COMP graph for yesterday and today. I see the strength deteriorating. The NASDAQ TRIN has jumped out of its previous range of .26-.29 up to .36-.39 and the rate of trading volume has been steadily decreasing since 12:15 as well as the up/down volume. If the TRIN jumps up more, this could be trouble. Yesterday the sell-off began around 1:45pm. I just blew out of all long positions. This might be premature but I DO NOT HAVE A GOOD FEELING ABOUT THE RALLY TODAY. I am generally wrong 99% of the time but don't know with the gains posted today if traders are willing to hold over 3 day weekend. Also, if retailers report a disappointing weekend we could go into a tail spin. BUT, if the reported rumor of the FED cutting rates before the next FOMC comes to pass, all the above is irrelevant and I will cry in my beer for getting out too soon. GH