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 : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Amots who wrote (19854)	7/6/2001 1:53:09 AM
From: mishedlo	Read Replies (2) \| Respond to of 30051

An easy call since futures are HUGELY down. That said, I think you are wrong. Terribly wrong. I was wrong in listening to the premature call for 1850 BUT fortunately I did not listen to the siren call of the whipsaw to 2300. ggg It is easy to predict that hugely down futures (if they stay there) will be bought. 70% of the time(guessing) they close higher than the open. Mish predicts another day just like today. COMPLACANCY EVERYWHERE and I see it in your post. Today we rallied strongly off the open to get to even before the big swoop down. Perhaps we do it tomorrow. If you buy that gap down tomorrow I suggest you get the hell out 10 minutes later cause we are going down. If Zeev can eat crow then I can too if proven wrong. ggg M