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: NucTrader who wrote (4580)3/30/2001 11:53:34 PM
From: Jack T. Pearson  Read Replies (1) | Respond to of 52237
 
I sold my Ultra Bear Profund (2 x NDX) today, because the NASDAQ bounced off the previous 52-wk low. I think we will get a rally, though I am not certain. It wouldn't surprise me to see the NASDAQ test its recent lows on Monday morning SOX is still moving down smartly, and, as Donald Sew has pointed out, the SOX often leads the NDX. If the NDX bounces I'll buy with close stops. Move stops up every day as long as the rally lasts. Go short again if it reverses off of a resistance line. Talking about a 10% investment here. Don has made me a believer in limiting risk--makes objective trading possible for me; hard not to trade on my greed and fear if I risk too much at once. Surprise announcements can turn the market on a dime, and I expect selling to pay taxes through April 15.



To: NucTrader who wrote (4580)3/31/2001 6:59:26 AM
From: dennis michael patterson  Read Replies (2) | Respond to of 52237
 
i like your scenario!



To: NucTrader who wrote (4580)3/31/2001 2:26:32 PM
From: Dana Johnson  Read Replies (1) | Respond to of 52237
 
Historical patterns in the Stock Trader's Almanac show end of march weak and first 2 weeks of april strong.

Some had theorized that there were outflows to Japan recently to prop up the Nikkei. I don't know if that idea was debunked, but if not, there could be a counter flow back to the US markets.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News