SI
SI
discoversearch

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.
Pastimes : Trading the markets..... -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (2860)1/23/2001 10:29:58 AM
From: Chip McVickar  Read Replies (1) | Respond to of 4583
 
This morning broke a solid 60 min trenline off the lows for the ES01h

240'3 and 120's broke yesterday and both have bear bar patterns over the last 5 bars, especially the 240.

The markets may test the buy wiggle and give a nice double bottom over the next few days.



To: GROUND ZERO™ who wrote (2860)1/23/2001 10:42:13 AM
From: Chip McVickar  Read Replies (1) | Respond to of 4583
 
Yes, the 96-98 lows are coming in at about 1310spx.

High 1/3/200 and Low 7/28/2000 - SPX
GZ, can you call this an Internal Support/Resistence line...?



To: GROUND ZERO™ who wrote (2860)1/23/2001 8:38:50 PM
From: robert b furman  Read Replies (1) | Respond to of 4583
 
Hi GZ,

You know that "long tail of the 98 lows" has scarred me forever.It perhaps was the most vicious double bottom ever. Certainly that I've ever experienced.

I know other people who've studied it in reverence as well.

It almost seems dangerous to say "overlook it". Just ramblings about past nightmares.

Deep in the back of my mind I'm expecting the "shakeout from Hell " in February.

I guess it may well be the best thing that ever happened to me - keeps one conservative.

Bob