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 : The Market Beacons -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (67)	2/15/2001 10:07:24 AM
From: Magnatizer	Read Replies (1) \| Respond to of 1298

Bob The markets could not be in a more bearish position then they are right now. If the gains are held tomorrows high has potential to be a high for quite some time. IMO I use staroffice.com to create all my web documents. Process: First: capture the chart and upload it to your web page host server. Second: You can either use the address the server gives to the chart as a http:// link or... Third: If you want a link in a commentary type page staroffice makes it quite easy to import and you can create your own title for the link. If you want to work on this sometime download staroffice and firetalk.com free personal version and I can take you through it step by step real time. ht Mag

To: robert b furman who wrote (67)	2/15/2001 11:02:05 AM
From: Magnatizer	Read Replies (1) \| Respond to of 1298

Bob Forgot to address the QQQ question regarding buying interest. You are correct in my looking for "cliff drop" type selling which I felt would have marked a serious bottom in the market. Not getting it yet. Anyway... The trade was a very risky one. My intraday indicators were not saying sell, rather they were on buy from the 2:30 60 min bar close. I watch a "moving channel" type of indicator (keltner channel) for seriously OB and OS levels. Works the same as static channels: at the bottom bands look for buying ops, at the top look for selling ops. The 2:30 signal yesterday was quite good with indicator confirmation. FWIW, another method I use for timing suggests this 60 min bar on QQQ will be a top. ht Mag