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 : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: stomper who wrote (617)	8/30/2001 9:49:43 AM
From: donald sew	Read Replies (1) \| Respond to of 306849

AUG 30 INDEX UPDATE --------------------------- The following are INTRADAY SHORT-TERM READINGS at the time of this POST(DOW down 40/NAZ down 28: DOW - BORDERLINE CLASS 1 BUY SPX - BORDERLINE CLASS 1 BUY OEX - BORDERLINE CLASS 1 BUY NAZ - CLASS 2 BUY NDX - CLASS 2 BUY VIX - UPPER MIDRANGE Have to make it quick this morning. Important NEGATIVE developments as of yesterday's close was LOWER LOWs on the DOW and the SPX. NAZ NET NEW HIGHs-LOWs intensified to the downside yesterday, where it approached negative 100. IF the market continues down, I would get firm CLASS 1 BUY SIGNALs on FRIDAY with the WINDOW until MONDAYs LOWs. There is a slight chance that I could get firm CLASS 1 BUY SIGNALS today if the market sells off very hard(negative 100 NDX) and closes at the intraday lows. Also, the VIX is slightly out of line with the indices, hinting that the selling could last a bit longer; therefore the chances are only slight for a CLASS 1 BUY in the indices today. Did not expect the selling to start so soon, and Im getting hints that the END-of-MONTH RALLY either ended already or will get a late start. Regardless the market looks weak