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.
Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: smolejv@gmx.net who wrote (8888)1/30/2001 1:50:41 AM
From: Berney  Read Replies (1) | Respond to of 11051
 
DJ, It appears that we have ignition!

I posted my views to Captain Jim on the stock attack thread regarding my emerging concept of "don't fight the fed" vs. "follow the money." Never really understood it before, but we have weekly breakouts on the weekly OEX and NDX charts. I'll note that I've never been particularly good at these breakout issues, but the Phleet will set sail tomorrow.

As long as OEX holds 709, the lower pivot point, I get a projection of the possible move to ~768. It looks like the NDX, reflected in QQQ, move could go to ~$76. The QQQ resistance is noted at ~$69 and ~$73. My speculative play, assuming it gets past $58, will be GLW.

A Bull in the swamp, BWDIK.

TB