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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (11954)	7/17/2001 8:19:06 PM
From: Les H	Respond to of 52237

I was looking for the high on Monday July 16 and another on July 20th per the next fib turning point (34 day) on Aug 8. July 16 is .50 or 17 days from June 20, and July 20 is .62. Mid-July would fit well seasonally and options-wise as well. I was looking for a dip to occur prior to the second peak, and I'm not sure yesterday was all there was. It would probably take 1-2 days of roughly 1% rallies for the S&P 500 to be overbought (i.e., approx. 80% sell signals). Last Wednesday's low had 79% buys.