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: anon who wrote (25240)	8/23/2001 10:19:29 AM
From: vampire	Respond to of 30051

I dont think we'll get any kind of low at the end of the month...historically, end-of-months have been fairly strong i believe (window dressing?)...bwdik

To: anon who wrote (25240)	8/23/2001 10:31:37 AM
From: ajtj99	Read Replies (2) \| Respond to of 30051

Anon, 1775 is not that far away. I've observed that several times the move after the Fed cut is contrary to the general trend. After 3-days or so, the trend seems to continue. It's not a fact nor a certainty, but we may have that situation play out if we do not break through 1890 the 3rd try (I assume we'll get there twice today and possibly again tomorrow morning, failing). That's a lot of assumptions, but we can still get to 1775 and bounce up for the end of the month high and early September high. That's why it seems to me things may work out nice for everyone if we top off today and drop below 1800 COMPX. Someone did post here that the 1st week of September has been up for 17 out of the past 17-years. I just don't know if that's the first Full week or the first week with September days in it.