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: dennis michael patterson who wrote (40636)	1/11/2001 5:58:47 AM
From: donald sew	Read Replies (1) \| Respond to of 42787

Dennis, Lee updates the DIVERGENCE INDICATOR, which is normally late at night. As suspected, the NAZ is right near the upper limits so a pullback from here is quite possible, although my short-term technicals have more upside room. If the NAZ can close positive today, the DIVERGENCE INDICATOR would probably give a short-term SELL TRIGGER. However, it would be a SELL TRIGGER within a slight and narrow uptrend. So if there is a pullback now, Im suspecting that it should produce a HIGHER LOW. Also the MAX-PAIN is limiting the upside to a 5 point buffer of the QQQ which equates to a trading range of 2200-2600 prior to expiration. Not saying that it will hit both ends, since it could oscillat in between, or hit one end and not the other.