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

To: t2 who wrote (80749)	7/23/2001 11:34:39 AM
From: James Strauss	Respond to of 99985

Nasdaq... Where Art Though? ************************************** There are two downsloping trendlines below the 2000 area... 1. 1985 2. 1940 bigcharts.com. A look at the monthly chart shows an Island Reversal... bigcharts.com. Note how the 12th, 13th, 16th, 17th, and 18th are disconnected from the other parts of the chart... As I type, we are now below the 2000 magnet that has pulled the prices back up so many times... This time, though, we will most likely fill the gap in the 1975 area before any attempt to turn around... Jim

To: t2 who wrote (80749)	7/23/2001 7:46:51 PM
From: xu, b.	Respond to of 99985

QQQ can visit 32 before it turns around but individual stocks may give a quick profit run. This market is full of whipsaws if one is a trend-follower in conventional sense. Dow has been holding up very well in the past two years and NAZ is still overvalued. Shorted AMAT calls, AAPL calls. For a history of trading thoughts: geocities.com