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.

Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: kodiak_bull who wrote (10601)	11/19/2001 12:53:34 PM
From: chowder	Respond to of 23153

KB, speaking of secret signs. Last week I mentioned the 150 day moving average. At the time the average was around 1928-30. It's moved up to around 1932. If you recall, I mentioned this is where a pullback would occur if the market was going to run out of steam. Check the chart. The NAZ got up to the 1932 line and pulled back some. It's hanging tough though! stockcharts.com[h,a]daclyimy[pb20!b10!b150!f][vc60][iut!Lk14!Ld20] The last 4 trading sessions have formed what is known as an island. I don't know if it's bullish or bearish yet. Fundamentally, it should be bearish, but the trend has been up. Watch that gap that formed 4 sessions ago. If the market is going to go higher, that gap will serve as support. Also, a close above 1932 would have to be considered bullish. Establishing two plans of action here. I'll play whichever way the market wants to go. The nice thing is it shouldn't take long to find out. dabum