SI
SI
discoversearch

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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (21558)10/12/2001 6:01:25 PM
From: isopatch  Read Replies (2) | Respond to of 52237
 
Paul. Improvement followed increase in lease rates

which took place after the COTs "picture was taken" on Tuesday. So probably more net short covering the past 2 days.

Why?

Remember the old "monetary weekends" in the 70s and 80s?

Well, IMO that's been replaced by terror alert weekends. My read is that the major FBI warning issued yesterday, prompted covering and some buying as the weekend stared traders in the face. If nothing big happens by early next week my guess is we get the C wave down into the $270s

BWDIK<lol> This is the wildest market environment I've ever worked in. Just thank the good Lord I'm making some money in it.

Iso



To: Paul Shread who wrote (21558)10/13/2001 12:11:41 AM
From: waverider  Respond to of 52237
 
Paul, it seems the commercials are definitely hanging in there. What troubles me is that the Rydex Index was flashing all these bullish signs all during the last bear rally. Turned out to be a bust. I'm wondering if these commercial guys have a better handle on things and their continued bearish stance is indeed a valid prediction. Do we have any historical data on such things?

wr