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


To: Paul Shread who wrote (2807)3/13/2001 11:12:01 PM
From: AllansAlias  Read Replies (2) | Respond to of 52237
 
Long-term S&P chart or "Why I Am Still Scared of B&H":

geocities.com

Cheers



To: Paul Shread who wrote (2807)3/14/2001 12:55:54 AM
From: LTK007  Read Replies (1) | Respond to of 52237
 
well we could go all the way to 2890 on COMPX by my downtrend scribblings,and still not have broken the trend line but my read is we must bust through and close above 2124 before i can get "tingly":) about our having such a bear market rally event transpiring. paxmax



To: Paul Shread who wrote (2807)3/14/2001 4:31:30 AM
From: JRI  Respond to of 52237
 
Yes, Paul.....I think a lot of folks are looking at the 2070-2100 to confirm this thing has some legs.....with 2500 being the really huge number for COMPX...Interestingly, Velo, whose been spot on lately, suspects that 2070 will hold (similiar to 2250 last week)....on the other side, Zeev and several others see some legs in this one....interesting divergence...Don has been very accurate in calling "before Fed meetings" to land on midpoints....and I would think that lines up (about) with 2070......what to do...

(Also, issue of options' week often up, post weeks often down)

This is all too much info for my pea-brain to handle..
On any decent pullback in morn, I'll probably play long side....figuring there is a clear exit point at 1922...

Told a friend over the weekend that I would close shorts on Monday, go long Tuesday on any weakness....Got the 1st half right.....got mesmerized yesterday morn,(by Dow)....and my internal debate to go straight long, or sell puts (had ITWO, NTAP lineup....now that would have been easy) wound up being an early lunch, and a day of observation......oh well...

I think I've been reading too much of the Clowns thread.
Those guys will rot your brain <G>



To: Paul Shread who wrote (2807)3/14/2001 4:40:22 AM
From: JRI  Read Replies (1) | Respond to of 52237
 
I don't understand some of this article......example: one quote, "the market is worried that the ECB may wait too long before cutting rates"....

I understand the threat to the currency due to inflation, but then NOT lowering rates would seem to think to do (to keep the currency strong)...so why would the Euro sell off because rates aren't being lowered? I don't get that....as Martin Short would say......"it isn't me.....it's him, right?" (obscure Saturday Night Live reference, circa 1984, Marty and Don Lufkin.....Hong Kong whoopee cushion/joke toy factory, in response to "faux" Mike Wallace, 60 minutes spoof)

Euro Declines Amid Concern Inflation Will Delay ECB Rate Cuts
By Chris Gothard

London, March 14 (Bloomberg) -- The euro fell to a two-week low against the dollar amid concern inflation in the euro region will deter the European Central Bank from cutting interest rates even as economic growth slows.

``The market is saying the ECB may wait too long before cutting rates,'' said Dorothea Huttanus, an economist at DG Bank in Frankfurt.

Reports yesterday showed prices in France and Germany rose while ECB council member and Bundesbank President Ernst Welteke told a German magazine the ECB should wait before cutting rates from their current 4.75 percent level because inflation still isn't under control. The bank's policy-setting panel meets tomorrow.

The euro fell as low as 90.98 U.S. cents, from 91.39 in London late yesterday. It has lost 1.3 percent against the U.S. currency so far this month. Against the yen, the euro was little changed at 109.72 compared with 109.59.

Currency prices showed little movement after German retail sales rose for the first time in nine months in January, to 2.5 percent from December.

``The market is probably saying that German retail sales were good, so the ECB won't cut rates soon enough, and that will stifle growth'' in the euro-zone, said Kamal Sharma, a currency strategist at Commerzbank AG.