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

To: Paul Shread who wrote (2837)	3/14/2001 8:55:20 AM
From: JRI	Read Replies (1) \| Respond to of 52237

Derivitive schemes are coming home to roost eom

To: Paul Shread who wrote (2837)	3/14/2001 9:13:07 AM
From: donald sew	Read Replies (1) \| Respond to of 52237

MAR 14 INDEX UPDATE ---------------------------- DOW/SPX/OEX/NAZ/NDX all closed in the lower midrange per my short-term technicals. As mentioned in a post yesterday, when the DOW was down 100 points yesterday I got INTRADAY CLASS 1 BUY signals on the SPX and OEX, and only borderline INTRADAY CLASS 1 BUYs on the NAZ/NDX. As mentioned often, a INTRADAY CLASS 1 signal is not as reliable as a closing signal, especially in a downtrending market. With help from the NEWs from the JAPAN finance industry, it looks like I may see a firm/solid CLASS 1 BUY signal. Also want to mention that the recent trough was about a 9% decline, and declines of 7%+ has a good probability of a retest. So wherever this short-term bottom ends, there should be a retest somewhere in the future - when, I dont know.