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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (21546)	11/19/2001 11:03:25 AM
From: AllansAlias	Respond to of 209892

response to wiggle post We just seem to be correcting today's up. Nothing more to read into it at this point. Calls for resumption of trend so far. (Like I said just now, a new minor low vis a vis 10:30 would look best to me.)

To: JRI who wrote (21546)	11/19/2001 11:29:02 AM
From: john722	Read Replies (1) \| Respond to of 209892

JRI. It's Probably already Programmed. They Have their small pullbacks to induce selling only it seems. The Vix is getting pretty low, so I am being cautious myself. I'm still short the QQQ's at an average of 39.56 with a SL at 41.56. I just see alot of accumulation happening so the Thanksgiving theory makes sense to me. After Thanksgiving is another story, unless Da Boyz are worried that Osama Bin Hidin might make a move on Turkey Day. If they get him before Thanksgiving, who knows which way we go. It's apparent Uncle Sam wants the markets on their feet and not on their backs. It's all very interesting to me. I really don't know for certain where we are headed, but 2500 or so on the Naz makes sense for a top (After a B Wave Down). A nice .50-.618% retrace of this leg would be perfect spot for a C Wave final leg up to 2500. I think we are in an irregular flat from 4/4, and now completing the A of C. I'm in the learning process myself, so take what I say for what it's worth (just another point of view). I think Allan has the best handle on this EW thing than any other poster on these boards. I am grateful to him for his work. I Have learned a great deal from reading his posts. This Elliot guy amazes me. He didn't have much history to work with but boy did he nail the system pretty good. Have a nice day. Off to sleep. I work nights..........