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: orkrious who wrote (10349)	12/4/2001 2:48:39 PM
From: vail970	Respond to of 99280

Hi Ork Ugh

To: orkrious who wrote (10349)	12/4/2001 3:27:45 PM
From: ajtj99	Respond to of 99280

I don't know what I said this AM, ORK, since I've been babbling on this board so much lately. Anyway, I'm looking to short this anticipated strong close. I believe the COMPX stopped at the 200-day SMA at 1954.81 before it turned down. The only thing I'm wondering is if it will double top there or go to 1964 for a double top there. The 60-minute should top out at the end of the day, and I'm of the opinion that you can't get a better opportunity to short than this, especially with the gap at 1904 sitting there waiting to be taken out, the 15-minute topped out. At the very least, I believe we should get to 1927 or so for a re-trace of this move up. Notice how these Tuesdays seem to be lately. By the way, I left some money on the table this AM. I had an order in (too cheap) for some calls, and I canceled it when I saw that triangle forming. Too many reasons why it could break down instead of up (although every time we've had this formation it's been up lately).