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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: TREND1 who wrote (33840)2/26/2002 10:47:28 PM
From: ajtj99  Read Replies (2) | Respond to of 99280
 
Larry, if we gap down or get a bearish engulfing pattern on the Dow, we'll have a hanging man there (reversal). Not real bullish there near term.

13-day EMA has been stopping rallies on the COMP and NDX, and the 20-day is backing it up. We'll see if it happens again this time.

Larry, you must have seen Paul Shread's comment about the 50-day SMA crossing the 200-day SMA from above on the COMP today. That's certainly not very bullish. It could be a whipsaw, but it is another one of those things that is working against an immediate bullish case.