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


To: Shack who wrote (23421)11/30/2001 8:49:18 PM
From: Paul Shread  Read Replies (2) | Respond to of 209892
 
Absolutely, Shack, and INDU too. Rally appears to be weakening. 60-min. stochs are overbought and pointing down, so I'm not sure about the near-term upside either. ;-) Monday has some potential as a cycle turn date.

I understand that one thing that riled the market earlier this week was a suggestion from Laurence Meyer that rate cuts may not work as well as they have in the past. That may sound like a big duh, but coming from a Fed governor, that's a pretty remarkable admission. Meyer has been surprisingly flexible this year for an old hawk. Of course, AG strongly stated the opposite today...



To: Shack who wrote (23421)12/1/2001 10:11:39 AM
From: sun-tzu  Read Replies (1) | Respond to of 209892
 
hey shack,

was wondering what you thought of the current scenario unfolding with regards to the $CRB. it just spiked hard through the lower boundary of the previously defined declining wedge. this implies a move to the upper end of the range at 198.5

do you feel as i do that equity prices will follow the $CRB as they did in april/may? if this ia accurate, it would coincide with what is typically a strong month for equities, particulary when the preceeding october/november months are strongly positive.

TIA