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 : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: velociraptor_ who wrote (20644)5/4/2001 4:47:52 PM
From: velociraptor_  Respond to of 37746
 
Correction...have not crossed back up over the line, but we have gone beyond the original price level of the break



To: velociraptor_ who wrote (20644)5/4/2001 4:48:44 PM
From: golfnut777  Read Replies (1) | Respond to of 37746
 
velo, what are those nachos telling you now that we crossed over the 2120 line in the sand you mentioned a couple of days ago. When does the retracement to 1620 start ?



To: velociraptor_ who wrote (20644)5/4/2001 6:53:30 PM
From: besttrader  Respond to of 37746
 
Thanks Velo! R U gonna update your site again soon?



To: velociraptor_ who wrote (20644)5/5/2001 2:10:34 AM
From: Mike M  Read Replies (2) | Respond to of 37746
 
Stochastics can stay nailed to the ceiling for days.

I will be pretty surprised if Monday is not stronger than you expect. But, I am sure you were not looking for the degree of the snap back on Friday.

We all misread the market on occasion, it is important to avoid preconceived notions and also to cut and run when ones short term bet goes awry. Living to fight another day is critical to the game. Velo, you know a heck of a lot about technical analysis, but sometimes it is better to step back and regroup.