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: JRI who wrote (25174)12/14/2001 10:11:12 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Dunno JRI. All I can do is pick the spot where I think the line is between correcting this down and going up for more -- an inflection point. I'll lift the additional short if we don't turn and will then be expecting the highs to come back into play. If we outstrip them, I don't expect us to do so by very damn much. The other thing i would be watching very closely, is whether any up from here causes the short to run for cover. If they don't show fear, I may not even add shorts at my inflection point.



To: JRI who wrote (25174)12/14/2001 10:44:55 AM
From: UnBelievable  Respond to of 209892
 
Here Is A Really Cynical Possibility

Its interesting how there was all the noise/news and even a little futures ramp on the fact that Bin Laden was surrounded last night. I have not heard much about it today - yet.

First we shake out as many of the weak hands as possible this morning.

Then at somepoint we get news about Bin Laden that spikes us up for a strong close, setting a more positive tone for a holiday shopping weekend, and setting the stage for the rally we need to short. <gg>



To: JRI who wrote (25174)12/14/2001 12:01:11 PM
From: At_The_Ask  Respond to of 209892
 
I take all turn dates with a huge grain of salt. I've seen them be accurate and actually nail a turn and seen them pass with no actual effect on the markets. If it was that easy we could just alternate long and short whenever a turn comes around.