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: Trading Machine who wrote (40704)	1/11/2001 2:34:49 PM
From: Berney	Read Replies (2) \| Respond to of 42787

TM, Well done dude. I know it was tough last night to give it another day. As for me, the Phleet is 100% cash. :o) Berney

To: Trading Machine who wrote (40704)	1/11/2001 2:46:06 PM
From: Gersh Avery	Respond to of 42787

I'll try to get the explain out tonight ..

To: Trading Machine who wrote (40704)	1/11/2001 7:06:24 PM
From: Gersh Avery	Read Replies (2) \| Respond to of 42787

IP .. a very reliable pattern has been giving exactly false signals for months now. The last good signal was for September .. it was a "sell" for the next month. Since then every signal has been a "buy." Except for this month .. This month the signal was a "sell." This "month" ends on 1/17. To negate the current signal the SPX cash needs to take out 1383 by then. If it makes this move then the next month will be a "sell" also. Since IP would still be inverted, that may represent a buy in a bear market. I'm very tempted to call this a bear market until IP reverts to norm. However, at this time, the best that can be said about IP is that it is unreliable. Note .. the "month" for IP runs from option expiration to option expiration. Yes .. the tail wags the dog.