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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (54433)	8/28/2001 11:20:49 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 94695

Let me see if I got this right ... You expect to see about a 52 point SPX drop .. and you're long?

To: GROUND ZERO™ who wrote (54433)	8/29/2001 12:41:20 AM
From: Berney	Read Replies (1) \| Respond to of 94695

GZ, I just only continue to hope that the seat cushion is a floatation device. Don't want to test it though. I really would rather have a parachute. I posted in another sandbox that, if you connect the dots on a linear scale on the SnP from 10/97, the '98 low, and the low this year, you get a very binary number of 1111 for this week. Pretty close to your 1110 and that's scary! How's the book doing? Berney

To: GROUND ZERO™ who wrote (54433)	8/29/2001 5:01:17 PM
From: blitzfund	Read Replies (1) \| Respond to of 94695

Hey GZ, Both the DOW and S&P 500 broke support today, so we might get the gap you mentioned. Although, I think you might want to add another 50 points down to your original thought(or 10% from the close). I'll stick with my original thought 1050 on the cash(as the next major support).BWDIK Blitz They question I have, does the market walk down nice and easy or does it go down Big Kahuna style (all in one day)? I quess we will just have to wait and see.