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: AllansAlias who wrote (30533)2/7/2002 10:57:58 AM
From: The Freep  Read Replies (2) | Respond to of 209892
 
Allan, do you have any kind of count here that makes sense? We didn't fall into the abyss in a 3 of 3 down (clearly not in non-tech!), but we certainly have no momentum up. The moves have been overlapping, even in tech to some extent, so they're probably corrective. . . but I no longer have a clue just what's correcting what.

At this point, I'm just watching the Dow range. . . I figure whichever way it breaks (9600 down, 9775 up or even 9725) will be the non-tech way. But it's sure a big old mess out there.

the freep (quoting Yoda on gold: When 300 bucks an ounce you be, rise so fast you will not, hmmm?)



To: AllansAlias who wrote (30533)2/7/2002 11:00:00 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Well, that breakout is holding for now. Making a run now at the bigger down channel line -- out of the Feb 1 high. It's tried a couple of times before and failed.



To: AllansAlias who wrote (30533)2/7/2002 11:22:20 AM
From: At_The_Ask  Read Replies (2) | Respond to of 209892
 
This should end badly pretty soon if the ED is still in effect. It could be part of the 2 or most likely the 4. I don't wan't a rally before EOD. I would be extatic if we close on the lows.