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.
Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (1401)2/28/2001 10:31:39 AM
From: Paul Shread  Respond to of 52237
 
>>I am not getting in long until 2400<< Good comment. If that log trendline rises at about 2% a month, that would put it about 2435 in March ... but then you've got that ugly gap down from 2525 or so. There's a lot of landmines along the way.

I agree 2300 has become very strong resistance; no buyers at all above that level. Looks like no one believes in AG anymore, or the market's throwing one big tantrum looking for more rate cuts.

I don't have a clue what's going to happen here. The only immediate target I have based on what's developing in the charts right now is 1160 SPX. What that means for the COMPX or INDU, I just don't know.