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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (9068)	8/6/2001 3:06:00 AM
From: Perspective	Read Replies (2) \| Respond to of 209892

AA, give me your read on these KSS charts. I know the optimum entry was on the backtest of the TL break, but I didn't notice the long-term TL break until this past weekend. Also, the right shoulder didn't form up until the backtest occurred. It still looks like an excellent setup to me. geocities.com BC

To: AllansAlias who wrote (9068)	8/6/2001 5:39:28 AM
From: john722	Read Replies (1) \| Respond to of 209892

Allan. Sox Appears to be in an ABC Irregular Flat from 7/3 with the B Wave ended Friday. If so, look out below.......... One must always consider the opposite scenario......

To: AllansAlias who wrote (9068)	8/6/2001 10:49:00 AM
From: Bull RidaH	Respond to of 209892

Massive distribution going on this morning with trin above 1.5 and futures trying to pull market up all morning but it's not budging. The question now is will the MM's rally this thing and give everyone a chance to sell more at higher prices? One could certainly make a case that the 5 wave move off the 7/24's lows are complete and no further rally is called for on wave counts. The ED only applies to the Naz, and the Naz's resulting choppiness has spilled over into the SPX, even though the wave structure is different there. I don't sense people are as confident about upside as they were last week, but the wrong money is probably more entrenched now in their bullish positions after all that positive feedback from the last couple weeks.