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: donald sew who wrote (40365)	1/8/2001 7:18:38 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 42787

Hi Don my reads are that we filled the FED's pop last week almost like an open gap on the NQ01H & ES01H.......VIX spiked a bit toward 35ish...bullish short term.. i'm looking for a technical bounce here for 1-2 days, the cycle lows ala Carpino on the 12th?? how low?? don't know<g>.... but i am seeing very nice semi charts developing here from nice sideways bases..2-3 months worth... and the bio's were the last bubble to burst..all sector's have rolled over, except the overbought ones<g>... i think after earnings this Q, and some Mid Q2 weakness, we should stabalize and move up hard thru the rest of the year as the FED cuts take effect Q 3-4...i expect 100 basis points more and quickly.. my bellweather KLIC is holding here..for the moment...VBG if you check a 45 min chart there's some resistance overhead here at the 20 ema...1311 S&P's...40 ema is at 1321, need to break thru there tomr hard..or sellers will appear again..on the daily the bounce will have trouble at 1335...S&P, and 2492 NQ's... a good bounce tho, maybe setting up a higher low for everything as of Fri nite?MOn am......i'm thinking any real surprises will be to the upside for the corp's reporting now... anyway, always enjoy this thread.. best to you and all.. OJ