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 : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?

To: Shaw who wrote (2078)	4/12/2001 5:03:42 PM
From: Shack	Respond to of 5144

Well today we learned about the concept of confirmation on a bearish candle. I'm sitting in some OEX calls for a weekend hold but still mostly cash. Got killed today for the first time in a while. 1180 is a key level on the SPX: stockcharts.com[w,a]daclyimy[dc][pb10!b20!b50!b200][vc60][iUc20!La12,26,9!Lf!Lh14,3] Potential double bottom with all the right technical signals. I expect it break but I don't expect the retest to hold. Bullish or bearish, its hard not to think this move is extended.