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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (28584)1/29/2002 9:54:20 AM
From: Chris  Read Replies (1) | Respond to of 52237
 
09:49 ET Consumer confidence a bit stronger than expected : Though scheduled for a 10 ET release, Dow Jones is already reporting that Consumer Confidence rose to 97.3 in January from 94.6 in December. If accurate, this number is slightly stronger than the 95.0 consensus though probably not strong enough to prompt any market reaction. The report nevertheless lends further support to the view that consumer spending will continue to support the economy.



To: Terry Whitman who wrote (28584)1/29/2002 10:28:09 AM
From: Paul Shread  Read Replies (4) | Respond to of 52237
 
I'll go clown long when this guy becomes a bear klown. -g-

investavenue.com

Dow may be breaking down out of a bear flag here.



To: Terry Whitman who wrote (28584)1/29/2002 12:53:53 PM
From: whydididothat  Read Replies (1) | Respond to of 52237
 
So many ways to play the market, so little time ... <g>
Thanks for all of your ideas. I'll be looking for Earlie in the bushes.

PS: Built short position around break in support/moving averages over past couple of weeks along with weakening upside momentum & rollover in weekly stochs. My readings on sentiment were suggesting more down. I was definitely concerned about getting faked out by the test of support but decided to stick by my guns. When I see the opposite situation, may add to my value longs and possibly natural resource stocks. I trade funds & indices only (don't have the nerve for holding individual stocks overnight yet)

I'm also watching for weakness in dollar & bonds (no positions here).