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

To: Lee Lichterman III who wrote (22413)	10/24/2001 12:51:49 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 52237

FWIW - I have been reading SI all yesterday and today and have noticed that all the Mo MO traders have returned after prolonged lapses. We are knocking on the door of the easily identifiable down trend line from the previous peaks over the last few months. Watching the chatter on the threads, I have come to the SUBJECTIVE conclusion we are going to blast upwards through this down trend line to get the Mo Mo bulls all lathered up and buying the break out. Only then after they have all bought and the VIX drops down and everyone is holding calls will we fall and get our retest. Hard to put into words what I am seeing and feeling but basically it is as though the last two years hasn't happened and I was reading the boards from January to February of 2000. We should get a pretty good run after we blow through this 1420 NQ futures level before reversing but I would rather play the short after the froth than join in the irrationality. Last time I tried to play along and hoped to be the first one out the door, they beat me to it and I had this funny heavy bag in my hand. -gggg- I am logging off and going shopping. Good Luck, Lee