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: marginmike who wrote (26576)1/3/2002 12:23:26 PM
From: Bocor  Read Replies (1) | Respond to of 209892
 
Not expecting a reversal either..>PPT will see to it that the 5 day up rule which has been spread all over the tube this week will be in full force and effect, and Greenie will print with impunity this week!
Does anyone still believe that if the first week is up, the rest of the year will be up and they can just buy and hold?
Sigh.....will check back in March



To: marginmike who wrote (26576)1/3/2002 12:23:35 PM
From: yard_man  Respond to of 209892
 
I'd be having a pretty good day if it weren't for the SOXX -- if that closes on highs, I'm gettin' out of da way.



To: marginmike who wrote (26576)1/3/2002 12:35:19 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Here's where we make the money now. Forget the train, it left the station and if one wasn't on board, then it's time to concentrate on the next train a shorting train.

As a rule, what we are seeing here is not how a decline begins. It may turn into one, but chances are that we are just pissing about doing some consolidation.

SOX keeps printing new highs as the larger tech world goes sideways. When it's ready to give, we'll have a nice short on our hands. It blew away my 569 target and just hit only 10 points off the high.

Not sure about the NDX ED -- SOX is still a nice candidate though with those marginal highs.



To: marginmike who wrote (26576)1/3/2002 12:38:18 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
Agree about waiting. I am keeping the remaining 50% position short until at least EOD.