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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (6288)	11/16/2001 5:34:34 PM
From: Robert New	Respond to of 99280

Agree somewhat...a move through 1935/1940 could propel us much higher as that seems to be the line drawn in the sand here and on many other threads. Could send us into a Nikkei like 50% reflex move to about 2050/2100 from the recent lows. Such a move would be unsustainable and likely to crater us back to the lows. Would much prefer to see a pullback here to about the 1750 area to fill those two gaps and then I'd feel much more comfortable on the long side. Still net long here but have been exiting some of my trading positions here over the 1900 level...