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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: CharlieChina who wrote (74278)4/5/2001 8:16:24 PM
From: CharlieChina  Respond to of 99985
 
This is my number # 2 thread as well ...

Quality people there as well....

Message 14638278

"Something's aFoot" is a broadway New York play that I once experinced....



To: CharlieChina who wrote (74278)4/6/2001 2:22:24 PM
From: CharlieChina  Respond to of 99985
 
On a follow-up:

I suspect as of 1:50 p.m EST ... the Dow Jones just ran out of gas at 9829

Anything is possible ... However, I doubt very much ... we will get a rally pass 9829 anytime soon .... the next gas station is down the road about 1000 or 2000 miles passed Mayberry and around the corner from Aunt Bee's house, If you get lost, look for Barney in the squad car

" get your kick from route 66 "

Dow Jones will require power to break 9929 and lots of power to break 10,000 + 2% ...

We may never see the above levels again for years and I mean years....with an s



To: CharlieChina who wrote (74278)4/18/2001 10:11:15 PM
From: Davy Crockett  Respond to of 99985
 
heheheh!!!!! LOL



To: CharlieChina who wrote (74278)4/21/2001 10:41:26 AM
From: CharlieChina  Read Replies (2) | Respond to of 99985
 
Follow up:

If you follow the history of my posts.

Well, after further review, I could have done a better job of timing for maximum performance.

The surges on the indexes are tremendous now.

It is my belief we will be experiencing within weeks a major correction on all index(i.e Dow, S&P 500, NASDAQ, Russell 2000 ).

The markets will now take all of my time from here on in, therefore, my next post will be when I close out the naked calls or let them expire or there is a major change in the dynamics of the economy. Most of the naked calls that were sold where for the month of August, therefore, time is on my side.

In addition, I had to add extra cash to my personal hedge fund in order to balance the cash weight again and add for an additional 10% surge. This upward spike in equities caused an inbalance. I did not want to cover any positions just because the mother maniplulator of all times ( i.e the Fed ) decided to run up the equities in the middle of the week as an attempt to add fuel to the flame that will burn out shorty.

P.S. the only thing that has changed this week for me, is that I believe the markets will head down much lower than I even anticipated. Its much worse out there, the surprise Fed cut proved that.

Take care ...

I still consider this thread to be the best quality thread on SI with the least amount of noise.