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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (66500)	1/10/2001 8:55:16 PM
From: Stcgg	Respond to of 99985

Steve Hochberg is a Perma-Bear and Author of EW Update.. Here is a good post on the NDX pattern setup.. Message 15160363 >><<

To: HairBall who wrote (66500)	1/10/2001 9:11:07 PM
From: KymarFye	Respond to of 99985

Agree, as suggested earlier, and as looks fairly obvious, there were many positive secondary aspects of today's rally, and continued jumpiness shouldn't be a surprise. YHOO ain't what it was... AH sell-off didn't look like a major "tank" to me - much of it looked like scaredy-cat co-sectoral profit-taking. MOT jumped merely for coming in in-line. Anyway, AH is goofy, and though futures are down, they can be pretty goofy, too. Pullback tomorrow, esp. for the internets, was already likely, but another recovery in face of bad news, either tomorrow or Friday, leading to breach of Green-day close/high this week or next, would be huge confidence builder. Also, intraday COMPX looks a lot less wedgious than the NDX. Could be trouble in big-cap land has blunted the peaks, deepened the troughs on Nasdaq 100.